First day of trading in warrants of series TO1
As previously communicated, Realfiction Holding AB (“Realfiction” or “the Company”) has resolved to allocate one (1) warrant of series TO1 to the Company's existing shareholders for every twenty-two (22) shares owned on the record date of 8 December 2020 as a partial compensation for the completed directed issue of shares and warrants with subscription proceeds of SEK 35.8 million (the “Directed Issue”). In this context, the Company announces that the first day for trading of warrants of series TO1 has been set for 18 December 2020.
Current shareholders will for every twenty-two (22) shares owned in the Company in the share register kept by Euroclear Sweden AB on the record date, receive one (1) warrant of series TO1. Round down will be applied. Warrants of series TO1 will be admitted to trading on Nasdaq First North Growth Market and first day for trading is now set for 18 December 2020.
Terms and information regarding warrants of series TO1
A total of 1,527,789 warrants of series TO1 will be issued, where 800,000 are allotted to investors in the Directed Issue and 727,789 to be allotted to current shareholders in the Company.
Each warrant of series TO1 will give the holder the right to subscribe for one (1) new share in Realfiction during the period from 9 November 2021 until and including 22 November 2021 to a subscription price corresponding to the following:
70 percent of the volume weighted average price of the Company’s share during the period from 25 October 2021 until and including 5 November 2021. The subscription price shall never be determined to a higher amount than SEK 26.85.
Warrants of series TO1 will, upon full exercise, provide the Company additional funds of a maximum of approximately SEK 41.0 million, based on the maximum subscription price. The actual issue amount will depend on subscription price in the Directed Issue.
Advisor
Mangold Fondkommission AB is the sole bookrunner and financial advisor and Eversheds Sutherland Advokatbyrå AB is the legal advisor in connection with the Directed Issue.
For more information about Realfiction Holding AB, please contact:
Clas Dyrholm, founder and CEO
Telephone: +45 25 22 32 81
Email: clas@realfiction.com
www.realfiction.com
Certified Adviser
Mangold Fondkommission AB is the company's Certified Adviser and can be contacted via ca@mangold.se or +46 8 503 015 50.
About Realfiction Holding AB
Founded in Denmark in 2008, Realfiction is a leading innovator and provider of Mixed Reality solutions and services, a market estimated to reach USD 80 billion by 2025. Realfiction continues to invent technologies within Mixed Reality, with an intention to disrupt the industry by pursuing the vision of converting science fiction into real fiction. Realfiction Holding AB’s share is publicly traded on Nasdaq First North Growth Market under the symbol “REALFI”. The share’s ISIN code is SE0009920994.
