Brain+ announces commitments from its largest shareholders in the ongoing exercise of warrants of series TO 2
COMPANY ANNOUNCEMENT Copenhagen, Denmark, 10 October 2023 – Brain+ A/S (Nasdaq First North: BRAINP) · Large Brain+ shareholders have committed to exercise warrants for DKK 1.6 million or 28% of the total outstanding · Members of board and management have doubled their announced commitments to DKK 0.4 million or 7% of the total outstanding, providing DKK 0.2 million in guarantees, · The exercise price for the warrants of series TO 2 has been set at DKK 0.20 and the exercise period runs from 2 - 16 October 2023Brain+ A/S (“Brain+”) announces that six of the company’s largest