Terranet announces first day of trading of warrants of series TO8
2024年2月20日 - 3:00AM
RNSを含む英国規制内ニュース (英語)
Terranet announces first day of trading of warrants of series TO8
Terranet AB (publ) ("Terranet" or the
"Company") resolved on 12 January 2024 to carry out a directed
issue of units of approximately SEK 10 million consisting of shares
of series B and warrants of series TO8. In order to partly
compensate the shareholders for the dilution that arose as a result
of the issue, the board of directors also resolved to issue and
transfer warrants of series TO8 to the Company's existing
shareholders. The Company today announces that the first day of
trading of the warrants of series TO8 has been set to 20 February
2024.
The board of directors of Terranet announces
today that the first day of trading of the warrants of series TO8
has been set to 20 February 2024. The warrants of series TO8 will
be traded with ISIN SE0021486255. The subscription period for the
warrants of series TO8 runs from 18 November 2024 to 29 November
2024. One warrant of series TO8 entitles the holder to subscribe
for one (1) share of series B in the Company at a subscription
price of SEK 0.14.
A total of 140,078,193 warrants of series TO8
have been issued. Upon full utilisation of the warrants of series
TO8, the Company will receive approximately SEK 19.6 million before
issue costs. In such case, the share capital will increase by SEK
1,400,781.93 and the number of shares of series B will increase by
140,078,193. The warrants are subject to customary terms and
conditions.
For more information, please
contact
Magnus Andersson,
CEO
E-mail: magnus.andersson@terranet.se
About Terranet AB (publ)
Terranet is on a mission to save lives in
urban traffic.
We develop breakthrough tech solutions for
Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles
(AV) that protect vulnerable road users.
With a unique and patented vision
technology, Terranet's anti-collision system BlincVision scans and
detects road objects multiple times faster and with higher accuracy
than any other ADAS technology available today.
Terranet is based in Lund, Sweden, and, in
the heart of the European automotive industry, Stuttgart, Germany.
The company is listed on Nasdaq First North Premier Growth Market
since 2017 (Nasdaq: TERRNT-B).
Follow our journey on www.terranet.se
Certified Adviser to Terranet is Mangold
Fondkommission AB, 08-503 015 50, ca@mangold.se.
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