The last day of trading with warrants of series TO4 in Cyxone AB is today, May 21, 2021
Today, May 21, 2021, is the last day of trading with warrants of series TO4 in Cyxone AB (publ) (“Cyxone” or “the Company”). The exercise period for the exercise of warrants of series TO4 runs until May 28, 2021. Each warrant of series TO4 gives the holder the right to subscribe for one (1) new share in the Company. The exercise price for warrants of series TO4 is SEK 3.24 per share.
Please note that trading and exercise of warrants of series TO4 that are nominee registered must be conducted in accordance with instructions from each respective nominee. Owners of warrants of series TO4 should contact their nominee for further instructions.
Summarized terms for the warrants of series TO4:
Exercise period: May 17, 2021 – May 28, 2021.
Issue size: 6,003,157 warrants of series TO4, which entitles to subscription of 6,003,157 shares. If all the warrants are exercised, the Company will receive approximately SEK 19.5 million before issuing costs.
Exercise price: SEK 3.24 per share.
Last day of trading warrants of series TO4: May 21, 2021.
Dilution etc.: If all warrants are exercised the share capital will increase with approximately SEK 453,068.70, from SEK 4,382,145.83 to SEK 4,835,214.53. If all warrants are exercised the number of shares will increase with 6,003,157 shares, from 58,063,400 shares, to 64,066,557 shares. The dilution at the exercise of all warrants amounts to approximately 9.37 percent of the number of shares and votes.
Note that the warrants that are not exercised at the latest May 28, 2021, or sold at the latest May 21, 2021, will expire without value. For the warrants not to lose their value, the holder must actively subscribe for new shares or sell the warrants.
How warrants are exercised:
Nominee-registered warrants (Custody account)
Subscription and payment by the exercise of warrants shall be made in accordance with instructions from each nominee. Please contact your nominee for additional information.
Direct-registered warrants (Securities account)
No accounts for issuing nor any instructions regarding payments will be sent out. Subscriptions will be made through simultaneous payment in accordance with the instructions on the application form.
The warrants will then be replaced by interim shares awaiting registration at the Swedish Companies Registration Office.
The application form including instructions for payment is available at Cyxone’s website, www.cyxone.com and on Mangold Fondkommission AB’s website, www.mangold.se.
Advisers
Mangold Fondkommission AB is the financial adviser and Fredersen Advokatbyrå AB is the legal adviser for Cyxone regarding the warrants.
For questions regarding the warrants, please contact:
Mangold Fondkommission AB
Tel: +46 8 5050 1595
Email: emissioner@mangold.se
Contact
Tara Heitner, CEO
Tel: +46 70 781 88 08
Email: tara.heitner@cyxone.com
Adelgatan 21
211 22 Malmö, Sweden
About Cyxone
Cyxone AB (publ) (Nasdaq First North Growth Market: CYXO) develops disease modifying therapies for diseases such as rheumatoid arthritis and multiple sclerosis as well as treatments for virally induced acute respiratory disorders. Rabeximod is a Phase 2 candidate drug being evaluated for the management of rheumatoid arthritis and moderate Covid-19 infections. T20K is a Phase 1 candidate drug for treatment of multiple sclerosis. Certified Adviser is Mangold Fondkommission AB, +46 (0)8 503 015 50, ca@mangold.se. For more information, please visit www.cyxone.com.
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