Brain+ announces details on the exercise of IPO warrants to subscribe for new shares, including the exercise price for the warrants
Company Announcement
Copenhagen, Denmark, October 14, 2022 – Brain+ A/S (Nasdaq First North: BRAINP)
In connection with Brain+’s IPO in October 2021, the company issued 4.8m publicly traded warrants, which can be exercised to subscribe for new shares in Brain+ A/S between October 17[th] and October 31[st] 2022, at an exercise price of DKK 1,638 per share.
Please find relevant information and terms on the Brain+ website (www.brain-plus.com).Warrant termsIn October 2021 Brain+ issued units (each consisting of one share and one warrant) in connection with its listing on Nasdaq First