Eco Wave Power Global AB (publ) Announces Pricing of $8 Million Public Offering and Nasdaq Listing
Stockholm, July 1, 2021 – Eco Wave Power Global AB (publ) (“EWPG” or the “Company”) today announced the pricing of an underwritten public offering of 1,000,000 American Depository Shares (the “ADSs”), representing 8,000,000 shares of EWPG’s common stock (“common shares”) at a price to the public of $8.00 per ADS. The gross proceeds to the Company from this offering are expected to be $8 million (equivalent to approximately SEK 68,080,000 Million based on the June 30, 2021 exchange ratio of USD 1 = SEK 8.51), before deducting underwriting discounts, commissions and other offering