RightBridge Ventures
Subscription Warrants of Series TO2 Subscribed to 63.5 Percent and Rightbridge Ventures Group AB (publ) Receives APPROX SEK 1.3 Million After Offsetting Debts of SEK 3.5 Million
2024-06-24
Background
The exercise period for the subscription warrants of series TO2 ran from June 3, 2024, to June 17, 2024. The subscription price per share when exercising the subscription warrants of series TO2 was set at SEK 0.0234.
"I am very happy and grateful for the great interest our shareholders have shown. We have strong shareholders who believe in the business, have converted debts, and thereby strengthened our balance sheet," comments Claes Kalborg, CEO of Rightbridge.
Exercised subscription warrants have been replaced with interim shares (IA) pending registration with the Swedish Companies Registration Office. The conversion of interim shares into shares is expected to occur within approximately three (3) weeks.
Number of Shares, Share Capital, and Dilution
Through the exercise of subscription warrants of series TO2, the number of shares in Rightbridge increases by 205,816,260 shares, from 648,464,976 to a total of 854,281,236 shares. The share capital increases by SEK 2,058,162.6, from SEK 6,484,649.76 to SEK 8,542,812.36. For existing shareholders who have not exercised any subscription warrants of series TO2, the dilution amounts to approximately 24.09 percent of the number of shares and votes in the Company.
For further information, please contact:
Claes Kalborg, CEO
Phone: +46 73 444 55 07
Email: claes.kalborg@rightbridge.se
Mads Jorgensen, Chairman of the Board
Phone: +45 28 97 15 75
Email: mvj@bluehorizoninvestment.com
This information is information that Rightbridge is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 15:00 CEST on June 24, 2024.
Datum | 2024-06-24, kl 15:00 |
Källa | Cision |