Crunchfish announces last day of trading in warrants of series TO9
Crunchfish AB (“Crunchfish” or the “Company”) announces that the last day of trading of warrants of series TO9 is tomorrow, December 15, 2022. The exercise period for the warrants runs until December 19, 2022. One (1) warrant entitles the holder to subscribe for one (1) new share in Crunchfish at an exercise price of SEK 13.40 per share.
If all warrants are exercised for subscription of shares, Crunchfish will receive approximately SEK 23 million before issue costs. Warrants that have not been exercised on or before December 19, 2022, expire without value. Holders who do not wish to exercise their warrants must sell them no later than tomorrow, December 15, 2022.
Important information: Subscription and payment for the new shares should take place in good time before December 19, 2022, as different nominees have different processing times.
Terms for the warrants
– Terms: One (1) warrant of series TO9 entitles the holder to subscribe for one (1) newly issued share in Crunchfish.
– Exercise price: SEK 13.40 per new share.
– Exercise period: December 5 – 19, 2022.
– Last day of trading in warrants: December 15, 2022.
Exercise of warrants
Exercise of nominee-registered warrants
Holders of warrants who have their holdings nominee-registered (holdings in securities custody services, investment savings accounts (ISK) or endowment insurances) must notify the exercise of warrants by contacting their respective nominee and follow the nominee’s instructions regarding subscription and payment. This should take place well before December 19, 2022, as different nominees have different processing times.
Exercise of directly registered warrants
Holders of warrants who have their holdings directly registered (holdings on a VP account) must notify the exercise of warrants by completing and submitting an application form for the exercise, so that the application form is received by the issuing agent, Nordic Issuing, no later than December 19, 2022. The application form is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites (www.crunchfish.com, http://www.nordic-issuing.se, http://www.vhcorp.se). Please note that payment for the new shares must be received by Nordic Issuing no later than December 19, 2022, in accordance with the instructions on the application form.
Outcome and delivery of new shares
The outcome of the exercise of warrants will be published via a press release on or around December 21, 2022. Shares that have been subscribed and paid for may be registered
on the subscriber’s securities depository as interim shares (IA) until registration of the issue has been completed with the Swedish Companies Registration Office, whereupon the interim shares automatically will be converted into ordinary shares in Crunchfish.
IMPORTANT INFORMATION
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, warrants or other securities in Crunchfish. An offer to concerned persons to subscribe for units consisting of shares and warrants series TO9 in Crunchfish has only been made through the prospectus that Crunchfish published on October 6, 2021.
For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
More information and information in Swedish, can also be found on crunchfish.com/investors/equity-raises/
This information was provided by the contact person above for publication on 14 December 2022 at 08:30 CET.
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.
About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.
