Communique from Extraordinary General Meeting in FundedByMe Crowdfunding Sweden AB (publ) 14th of November 2019*
On this day, November 14, an Extraordinary General Meeting was held in FundedByMe Crowdfunding Sweden AB (publ) in Stockholm. Below is a summary of the decisions made. For more detailed information about the decisions, please see the notice and proposals for decisions that will be available on the company's Investor Relations website.
The General Meeting decided
- To amend the Articles of Association regarding paragraph 4, that the share capital of the Company shall amount to a minimum of SEK 916,666.65 and a maximum of SEK 3,300,000.00.
- To amend the Articles of Association regarding paragraph 5, that the number of shares shall amount to a minimum of 6,111,111 and a maximum of 22,000,000. The Shares may be issued in two series; series A and series B. The number of shares of series A may amount to a maximum of 8,800,000 and the number of shares of series B may amount to a maximum of 13,200,000.
- To approve the Board's proposal for a new share issue to the Chairman of the Board.
- To increase authorization regarding the Board's right to issue shares, including warrants and convertibles until the time of the next AGM. The authorization shall be limited to a maximum of 6,000,000 shares until the next AGM. Previous authorization was limited to 4,000,000 shares until the next AGM and thus the increased authorization represents an additional 2,000,000 shares.
All resolutions at the meeting were concluded unanimously and in accordance with the Board’s proposed motions. The protocol of the EGM, including the complete resolutions above, will soon be available on the company's investor relations page, http://bit.ly/InvestorRelationsFBM
The Board of Directors
FundedByMe Crowdfunding Sweden AB (publ)
Group CEO Daniel Daboczy also held a press conference on Tuesday, November 12, on the current strategy, the recent new issue and the changed ownership image in the top 10. The press conference can be viewed here: http://bit.ly/2p9i4hJ
You can view the company's Investor Relations page at: http://bit.ly/InvestorRelationsFBM
*English translation for convenience only
For further information, please contact:
FundedByMe Crowdfunding Sweden AB
Daniel Daboczy, CEO
Mobile: +46 (0) 73 6269985
FundedByMe is a tech company, focusing on the financial markets. Today the company offers a digital and global platform for financial support for startups and growth companies around the globe. Customers sign up online where they are able to book their investment interest in different companies. The company consists of FundedByMe.com, Feminvest and Laika Consulting, as well as 6 joint ventures in Finland, Malaysia, Singapore, Poland, The Netherlands, and Dubai/UAE. Together the group reaches over 269,000 registered investment members globally. For more information visit www.fundedbyme.com