MyFirstApp Initiates Collaboration with IR-Partner

Stockholm - February 7, 2024

MyFirstApp has entered into a strategic collaboration agreement with IR-Partner AB. In accordance with the board's prior authorization, the company has decided to compensate the new collaboration partner through a directed offset issue. This decision was made to avoid impacting the company's liquidity. The company has intensified its marketing efforts to directly reach the end-users of its products. Through the partnership with IR-Partner AB, MyFirstApp will be able to enhance its communication with both existing and potential shareholders.

As compensation for the collaboration, the agreement has established a payment consisting of 160,000 shares in a directed offset issue with a subscription price of 2.50 SEK per share with a par value of 0.139 kronor per share, corresponding to a total value of 400,000 SEK. This will increase the company's total number of shares from 3,609,299 to 3,769,299. The company's share capital will increase by 22,164.969 SEK, to a total of 522,164.969 SEK.
 

For further information, please contact:
Jesper Nord, CEO MyFirstApp Sweden AB (publ)
Mobile: +4673 329 13 29
Email: jesper@myfirstapp.com

MyFirstApp Sweden AB (publ)
MyFirstApp is an IT company. The company offers a range of digital services, mainly consisting of digital applications specifically tailored for children. These solutions are used by a number of preschools, where the apps are designed with varying levels of learning and personal development. The apps operate under different names and cover areas such as basic mathematics and cognitive abilities.