Bifogade filer
Beskrivning
Land | Norge |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Finans |
Industri | Övriga finansiella tjänster |
2024-06-20 07:00:03
20.6.2024 07:00:00 CEST | Huddlestock Fintech AS | Additional regulated
information required to be disclosed under the laws of a member state
Reference is made to the stock exchange notice published by Huddlestock Fintech
AS (the "Company") on 29 May 2024 regarding the completion of a private
placement of convertible debt raising gross proceeds of NOK 12 500 000 (the
"Private Placement") and a potential subsequent offering on the same terms and
conditions as in the Private Placement directed towards eligible shareholders.
Since the completion of the Private Placement, the shares in the Company have
traded on customary volumes below the expected conversion price per share
pursuant to the convertible rights issued in the Private Placement. Hence, there
is only a very limited potential of any economic value in a thought of a "repair
issue" for the eligible shareholders, and any such potential value is most
likely substantially lower than the estimated expenses involved for the Company
in carrying out such repair issue. Based on the above the, Board of Directors of
the Company is of the opinion that the principle of equal treatment has been
sufficiently complied with in connection with the Private Placement and has
therefore decided to cancel the subsequent offering.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982
15 520, leif.thomas@huddlestock.com
ABOUT HUDDLESTOCK FINTECH AS
Huddlestock is an innovative technology software provider through its
Investment-as-a-service offering, with full operational service support and a
leading financial Consultancy services business. We deliver innovative and
sustainable technology and operational solutions to companies offering financial
products and services.
Find out more at huddlestock.com - https://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/18150301/4672/Download%20announce
ment%20as%20PDF.pdf