XMReality AB (publ) initiates measurement period for the exercise price of warrants
Today, on April 21, 2023, the measurement period (VWAP period) begins to determine the exercise price for the warrants of series TO1, which were issued in connection with XMReality AB (publ) ("XMReality" or "the Company") rights issue in the fourth quarter of 2022.The exercise price for the warrants will be determined to 70 percent of the volume-weighted average price during the measurement period, from April 21, 2023, to May 5, 2023. The exercise price will be a minimum of SEK 0.55 per share and a maximum of SEK 1.00 per share.
A total of 47,555,269 warrants of series TO1 were issued.