FundedByMe’s rights issue 100 percent guaranteed*

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO THE USA, SOUTH KOREA, AUSTRALIA, JAPAN OR CANADA OR ANY OTHER JURISDICTION WHERE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ILLEGAL.

FundedByMe announces that the issue communicated on March 4 is guaranteed by a consortium of guarantors, including several of the major owners, as well as existing co-owners. The issue guarantees make the rights issue 100 percent guaranteed.

Summary of the issue

  • Summary of the issue
  • Shareholders in FundedByMe have the right to subscribe for two (2) Class A shares per nine (9) existing shares held on the record date on March 11, 2020, regardless of Class A or Class B shares. The subscription period is March 13, 2020 - March 27, 2020
  • The subscription price is SEK 2.20 per A share
  • Subscription of newly issued shares takes place during the period 13 March 2020 - 27 March 2020
  • At full subscription, the company receives approximately SEK 5 million before issue costs
  • In case of not fully subscribed rights issue there is the right to subscribe without precedence.

Preliminary schedule

March 4, 2020: Publication of press release regarding the board’s decision
March 9, 2020: Deadline for subscription including right to subscription
March 10, 2020: First day of trading excluding the right to subscribe
March 11, 2020: Record day for participation in the rights issue
March 11, 2020: Publication of memorandum
March 13 - March 27, 2020: Subscription period
April 1, 2020: Publication of outcome of the Rights Issue 

Important information (Please note that translation is for convenience only)

The information in this press release does not constitute an offer to acquire, subscribe or otherwise trade in shares or other securities in FundedByMe Crowdfunding Sweden AB. The invitation to interested persons to subscribe for shares in FundedByMe will only be made through the memorandum which FundedByMe will publish. No action has been taken, or will be taken, by FundedByMe to allow an offer to the public in jurisdiction other than Sweden.

The information contained in this press release may not be published, reproduced or distributed in or to the United States, Canada, Japan, Australia, Hong Kong, Switzerland, Singapore, South Africa or New Zealand or any other country or other jurisdiction where such action is not permitted, or where such The measure is subject to legal restrictions or would require additional registration or other measures than those required by Swedish law. Measures in violation of this instruction may constitute a violation of applicable securities law.

 No shares have been registered, and will not be registered, under the United States Securities Act of 1933 (the "Securities Act") and may not be offered, subscribed, sold or transferred, directly or indirectly, within the United States, except with the written approval of FundedByMe and pursuant to an applicable exception to the registration requirements of the Securities Act and in accordance with the securities laws of the relevant state or other jurisdiction of the United States.

 

Forward-looking statements

This press release contains certain forward-looking statements that reflect the Company's current views and expectations of future events, as well as financial and operational development, including statements regarding the Issue and statements regarding guidance, planning, outlook and strategies. Words that are "intended", "assessed", "expected", "planned", "estimated", "can", and other terms that imply indications or predictions of future development or trends and which are not based on historical facts, are forward-looking information. Although the Company believes that these statements are based on reasonable assumptions and expectations, the Company cannot guarantee that such forward-looking statements will be realized. Since these forward-looking statements include both known and unknown risks and uncertainties, actual outcomes may differ materially from what is stated in forward-looking information. Forward-looking statements in the press release are valid only at the time of the press release and are subject to change without notice. The Company makes no commitment to publish updates or revisions to forward-looking statements as a result of new information, future events or the like in addition to what is required by applicable laws or stock market regulations.

*English translation for convenience only

For further information, please contact:
FundedByMe Crowdfunding Sweden AB
Daniel Daboczy, CEO
Mobile: +46 (0) 73 6269985
Email: daniel@fundedbyme.com

About FundedByMe
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

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