Circio announces financing that secures cash runway for twelve months
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.· Circio plans to raise up to approx. NOK 52 million in a rights issue at NOK 2.5 subscription price, with 1:1 warrant coverage · Certain existing and new shareholders have pre-subscribed for NOK 9.15 million, including NOK 1.77