First day of trading in warrants of series TO 4

This press release is an English version of the previously published Swedish version, which has interpretative preference.

As previously communicated, Smoltek Nanotech Holding AB (“Smoltek” or “the Company”) has resolved to allocate one (1) warrant of series TO 4 to the Company's existing shareholders for every eleven (11) shares owned on the record date of October 29, 2020 as a partial compensation for the completed directed issue of shares and warrants with subscription proceeds of SEK 80 million (the “Directed Issue”). In this context, the Company announces that the first day for trading of warrants of series TO 4 has been set for November 3, 2020.

Current shareholders will for every eleven (11) shares owned in the Company in the share register kept by Euroclear Sweden AB on the record date, receive one (1) warrant of series TO 4. Round down will be applied. Warrants of series TO 4 will be admitted to trading on Spotlight Stock Market and first day for trading is now set for November 3, 2020.

Terms and information regarding warrants of series TO 4 
A total of 1,261,347 warrants of series TO 4 will be issued, where 640,000 are allotted to investors in the Directed Issue and 621,347 to current shareholders in the Company.

Each warrant of series TO 4 will give the holder the right to subscribe for one (1) new share in Smoltek during the period from October 20, 2021 until and including November 3, 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 October 5, 2021 until and including October 18, 2021. The subscription price shall however never be determined to an amount below the quotation value of the Company’s share or to a higher amount than SEK 93.75.

Warrants of series TO 4 will, upon full exercise, raise additional funds to the Company up to a maximum amount of approximately SEK 118 million, based on the maximum subscription price. The actual issue funds will depend on the final subscription price.

Advisor  
Mangold Fondkommission AB has acted as sole bookrunner and financial advisor and MAQS Advokatbyrå has acted as legal advisor in connection with the Directed Issue and the allotment of warrants to current shareholders in Smoltek.

For further information:  
Anders Johansson, CEO of Smoltek Nanotech Holding AB, 
E-Mail: anders@smoltek.com 
Telephone: +46 708-39 36 93 
Web: www.smoltek.com

Smoltek is developing process technology and concepts for applications based on carbon nanotechnology, primarily for the global semiconductor industry. Smoltek’s unique technology enables the production of semiconductor components with smaller form factors, higher performance and lower energy consumption.  
The company protects its unique technology through an extensive and growing IP-portfolio, consisting of about 100 applied patents, of which 63 are currently granted.  
Smoltek's applications are today mainly focused on the market segment for ”advanced packaging”, which is expected to grow at an average annual growth rate (CAGR) of 6.6 percent during the period 2019-2025 and achieve a market value of USD 42 billion in 2025 (source: Yole Développement Market research).Smoltek's share is listed on the Spotlight Stock Market in Stockholm, Sweden with the ticker symbol: SMOL. 
This press release is an English version of the previously published Swedish version, which has interpretative preference.