Alzinova

If all the Warrants are exercised, the Company will receive approximately SEK 28.1 million before issuing costs. In order to prevent the Warrants expiring without value, the holder must actively subscribe for new shares, no later than April 25, 2023. Alternatively, the holder may sell the Warrants, no later than today, April 21, 2023. Please be aware that certain nominees may close their application earlier than April 25, 2023. Complete terms and conditions for the Warrants are available at the Company’s website for the Warrants, www.to3.alzinova.com.

Summarized terms for the Warrants:

Exercise period: April 11, 2023 – April 25, 2023.

Subscription price: SEK 2.17 per share.

Issue volume: 12,967,612 Warrants. If all the Warrants are exercised, 12,967,612 shares are issued, and the Company will receive approximately SEK 28.1 million before issuing costs.

Last day for trading with Warrants: April 21, 2023.

Share capital and dilution: If all Warrants are exercised the share capital will increase with SEK 3,410,481.956, from SEK 8,526,205.942 to SEK 11,936,687.898. The number of shares will increase with 12,967,612 shares if all Warrants are exercised, from 32,419,034 shares to 45,386,646 shares. The dilution at full exercise of all Warrants amounts to approximately 28.6 percent of the number of shares and votes in the Company.

Note that the Warrants that are not exercised at the latest April 25, 2023, or sold at the latest April 21, 2023, will expire without value. For the Warrants not to lose their value, the holder must actively subscribe for new shares or sell the Warrants. Please observe that some nominees may close their registration earlier than April 25, 2023.

How the Warrants are exercised:

Nominee-registered warrants (custody account)
Subscription and payment by exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.

Direct-registered warrants (securities account)
No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form. The Warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.

Instructions for subscription are available at Alzinova’s website for the Warrants, www.to3.alzinova.com and on Mangold Fondkommission AB’s website, www.mangold.se.

Advisers
Mangold Fondkommission AB is the financial adviser, Fredersen Advokatbyrå AB is the legal adviser and Shark Communication is the communication adviser to the Company in connection with the exercise of the Warrants.

For questions regarding the Warrants, please contact:
Mangold Fondkommission AB
E-mail: emissioner@mangold.se