Insplorion is allocated MSEK 1.1 through the exercise of warrants
The subscription period for TO1 has ended and the company will be added SEK 1.079.666. The number of shares increases by 93.884.
“We are pleased that our shareholders have chosen to take advantage of the opportunity to convert TO1 into shares. The payment contributes to our investment in the hydrogen and battery sensor segments”, comments CEO Patrik Dahlqvist.
Trading in the warrants takes place, as the company's shares, on Nasdaq First North under the ticker INSP TO1.
The next two subscription periods are as follows:
- Saturday, January 22, 2022 through Saturday, February 5, 2022
- Sunday, January 22, 2023 through Sunday, February 5, 2023
Those who subscribed during the subscription period have now received interim shares. When the registration of the issue has been completed with the Swedish Companies Registration Office, conversion of the interim shares will automatically take place without further notice to the holders.The conversion is expected to take place within about a week from the registration of the issue. The interim shares will not be admitted to trading.
This subscription period leads to that the number of shares and the number of votes in Insplorion will increase by 93.884 to a total of 13.085.944. The increase in share capital is SEK 14.085.60, so after registration with the Swedish Companies Registration Office it will be SEK 1.962.892.19.
The terms for the warrants are published on the Insplorion website: https://www.insplorion.com/en/investors/arkiv/esgo/.
Questions are answered by:
Patrik Dahlqvist, CEO Insplorion AB, +46 723 62 32 61 or patrik.dahlqvist@insplorion.com
Insplorion AB (publ)
Arvid Wallgrens backe 20
SE-413 46 Göteborg
SWEDEN
+46 31 380 26 95
info@insplorion.com
www.insplorion.com
Insplorion AB, with its disruptive sensor platform NanoPlasmonic Sensing (NPS), operates within four field;. air quality sensors, hydrogen sensors, battery sensors and research instruments. The sensors are small, durable and cost efficient at volume production. Our sensor technology enables air quality sensors at home, in cars and in public environment, Our hydrogen sensors show a sub-second response time, making them the fastest in the world and will promote the growth of hydrogen infrastructure. The battery sensor optimizes battery control and usage. Our instruments give scientists around the world nanometer sensitive real time data of surface processes in fields like catalysis, material- and life science. FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se, is Insplorion’s Certified Adviser at Nasdaq First North.
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