Exercise period for BrainCool’s warrants, TO2 2018-2021, 18 September – 2 October 2019
As part of our agreement with L1 Capital, BrainCool has distributed free warrants to the company's shareholders to reduce dilution. During the period of September 18 to October 2, 2019, holders of TO2 Warrants can exercise the Warrants and subscribe for new shares. One (1) TO2 warrant can be exchanged for one (1) share, at a price of 7 SEK. The current market price is below the exercise price. Unless the market price exceeds the exercise price, it is not beneficial to subscribe in the current exercise period. Therefore, the application form has not been sent to the shareholders. If