Hiddn – Contemplated Private Placement
Hiddn Solutions ASA (the «Company») has received commitments in a contemplated private placement towards certain existing shareholders and a new investor (the “Private Placement”). The aggregate subscription amount committed in the Private Placement as of the date of this notice is NOK 8,550,000, also including issuance of shares in a debt conversion of NOK 1,652,700 directed towards one of the Company’s main creditors. Subject to approval from an extraordinary general meeting in the Company (the “EGM”), the shares in the Private Placement and debt conversion will be subscribed at a