Bulletin from the Extraordinary Shareholders’ Meeting in Incoax Networks AB on August 13, 2020
Today, on August 13, 2020, an extraordinary shareholders’ meeting was held in InCoax Networks AB. A summary of the resolutions adopted follows below. All resolutions were adopted with the required majority of votes.
Resolution on rights issue of shares
The extraordinary shareholders’ meeting resolved on a rights issue of a maximum of 9,147,465 shares. Those who are registered as shareholders in the company on the record date August 20, 2020 will receive one (1) subscription right per existing share. Two (2) subscription rights entitle to subscription of one (1) new share at a subscription price of SEK 5.25 per share. Upon full subscription of all shares issued in the rights issue, the company’s share capital will increase by a maximum of SEK 2,286,866.25. The subscription period in the rights issue runs from and including August 24, 2020 to and including September 7, 2020.
Gävle on August 13, 2020
InCoax Networks AB (publ)
This information was submitted for publication, through the agency of the contact person set out above, at 13:30 CEST on August 13, 2020.
For more information:
Jörgen Ekengren, CEO, InCoax Networks AB
+46 73- 899 55 52
About InCoax Networks AB
InCoax Networks AB (publ) is innovating the future of broadband access. InCoax MoCA Access 2.5 platform provides the next generation cost-efficient multi-gigabit Fiber Access Extension solutions to the world’s leading telecom, cable- and broadband service providers. To keep updated on corporate information, visit incoax.com. Augment Partners AB, tel. +46 8-505 651 72 firstname.lastname@example.org, is acting as the company’s Certified Adviser.