Incoax Networks AB announces the outcome for exercising warrants of series 2021
The period for exercising warrants of series 2021 ("Warrants") for subscription of shares in Incoax Networks AB (publ) ("InCoax" or "the Company") ended on December 31, 2021. A total of 9,047,114 Warrants were exercised for 4,523,557 shares, corresponding to an exercise rate of approximately 99 percent, and the Company receives approximately SEK 22.6 million before issue costs.Two (2) Warrants entitled to subscription of one (1) new share in the Company against cash payment of SEK 5 per share during the period December 1, 2021, through December 31, 2021. The Company today announces that 9,