On November 28, 2019, the subscription term of SaltX Technology Holding AB (publ) rights issue terminated, which in total provides MSEK 80.6 before issue expenses to the company . Shareholders with preferential rights subscribed 75 percent and 25 percent subscribed without preference.
Number of shares and share capital
When the Rights issue has been registered with the Swedish Companies Registration Office, the total number of shares in SaltX will amount to 87,114,566, all shares of Series B. The share capital will increas by SEK 1,161,527.52, and after the Rights issue it amounts to SEK 6,969,165.28.
Trade with BTA B
Trading with paid subscribed shares (BTA B) takes place on Nasdaq First North Premier Growth Market until the Swedish Companies Registration Office has registered the Rights issue. This registration is initiated by partial registrations and is expected to be completed by year-end 2019.
The law firm Törngren Magnell has acted as legal adviser and Eminova acted as issue agency in connection with the Rights issue. FNCA is the company’s Certified Adviser at Nasdaq First North Premier.
For further information, please contact:
Carl-Johan Linér (CEO) +46705-532 08 08
Harald Bauer (CFO) +46708-10 80 34
About SaltX Technology
SaltX Technology develops and sells a patented energy storage technology based on nanocoated salt. The Company collaborates with partners such as Spanish INERCO ITC, German Steinmüller and Chinese Shuangliang. SaltX Technology’s shares are listed on the Nasdaq First North Premier Growth Market. FNCA Sweden AB, +468-528 00 399, firstname.lastname@example.org, is SaltX Technology’s certified adviser. For more information, visit: www.saltxtechnology.com.
Stockholm, November 29, 2019