Brain+ announces the outcome of its series TO 4 warrant exercise and the decision to carry out a directed share issue to cover guarantor subscriptions
COMPANY ANNOUNCEMENT Copenhagen, Denmark, 1 October 2024– Brain+ A/S (Nasdaq First North: BRAINP) Brain+ A/S (“Brain+” or “the Company”) announces that 62.7% of its warrants of series TO 4 (the “Warrants”) have been covered by exercises and guarantor subscriptions. A total of 65,496,978 Warrants were issued in connection with the Company’s unit rights issue in June2024. Hereof, 38,522,165 Warrants, corresponding to 58.8% were exercised for subscription of 38,522,165 new shares, providing Brain+ with approximately DKK 3.1 million in new capital before issue related costs. In addition, 2,