The exercise period for Cline Scientific’s subscription warrants begins today
Cline Scientific AB (publ) (“Cline” or “the Company”) carried out a rights issue of units during May 2020, including shares and warrants TO 1 A & B. On Tuesday, March 2, 2021, the exercise period for the warrants TO 1 A & B begins. The exercise period lasts until 12 March, 2021. One (1) warrant entitles the holder to subscribe for one (1) new share. According to the terms, the exercise price has been determined to be SEK 3.38 per share, no commission is paid. Upon full exercise of the Warrants, approximately SEK 13.5 million will be provided to Cline. The issue costs are estimated at