Wyld Networks: First day of trading with warrants of series TO3 has been set to October 8, 2021
Information and terms for the warrants of series TO3
In total 2,275,000 warrants of series TO3 have been issued, of which 1,093,956 warrants were issued to the lender Formue Nord Fokus A/S and 1,181,044 warrants were issued to the current shareholders of the Company as of September 8, 2021.
Each warrant of series TO3 entitles the owner to subscribe for one (1) new share in the Company for a price of 70 percent of the volume weighted average price of the Company’s share on Nasdaq First North Premier Growth Market during the period commencing May 2, 2023, up until and including May 15, 2023. However not higher than SEK 15.75 and not less than the quota value of the Company’s share.
The subscription period for the subscription of shares through exercising of warrants of series TO3 will run from May 17, 2023, up until and including May 31, 2023.
Upon full exercise of the warrants of series TO3 Wyld Networks will receive approximately SEK 35.8 million, based on a subscription price of SEK 15.75.
Upon full exercise of the warrants of series TO3 the dilution will amount to approximately 21.6 percent.
Advisers
Mangold Fondkommission is the financial adviser for the Company regarding the warrants of series TO3.
Om Wyld Networks
Wyld Networks utvecklar och säljer innovativa trådlösa teknologilösningar som möjliggör prisvärd uppkoppling globalt.