Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
2024-03-04 13:38:20
Oslo, 4. March 2024 - Norwegian Block Exchange AS (NBX), the leading crypto
service provider in the Nordics.
The Company hereby announces that it has allocated 21,000,000 new shares (the
"Offer Shares") in the Private Placement at a subscription price of NOK 0.60 per
Offer Share (the "Offer Price"), raising gross proceeds of NOK 12.6 million.
The net proceeds to the Company from the Private Placement will be used to cover
development expenses to further develop the Company's significant project
pipeline.
The Offer Shares will be issued by, and are subject to, a resolution by the
Company's extraordinary general meeting to be held on or about 20. March 2024
(the "EGM"). The Company expects to send the notice for the EGM during the
course of week 10 2024.
The placement consist of four investors with Mr. Vegard Kristiansen being the
largest subscriber with a subscription of 16,666,666 shares, after the issuance
of the shares and the planned conversion of debt on the upcoming EGM. Mr. Vegard
Kristiansen will hold just less than 10% of the shares in the company. Mr.
Vegard Kristiansen is expected to be elected into the board of directors at the
upcoming EGM and will take an active role as investor and director of the
company.
Settlement of the Offer Shares will take place as soon as possible after
resolution by the Company's EGM and required share capital adjustments are
registered in the Register of Business Enterprises in The Brønnøysund Register
Centre. The allocated shares will be delivered to the applicant's account in the
Norwegian Central Securities Depository ("VPS").
The completion of the Private Placement is subject to: (i) the EGM resolving to
approve the Private Placement and issue the Offer Shares, (ii) the share capital
adjustment pertaining to the issuance of the Offer Shares being validly
registered with the Norwegian Register of Business Enterprises, and (iii) the
allocated Offer Shares being validly issued and registered in the VPS (together,
the "Conditions").
Potential Subsequent Offering
The Board has resolved an intention to carry out a subsequent offering (the
"Subsequent Offering") of up to 4,200,000 new shares with gross proceeds of up
to NOK 2.52 million at the Offer Price directed towards existing shareholders in
the Company as of 4 March 2024 (as registered with the VPS two trading days
thereafter, the "Record Date") who