Share capital increase registered
Huddlestock Fintech AS ("Huddlestock" or the "Company") hereby announce that the share capital increase related to conversion of the following outstanding amounts has now been registered with the Norwegian Register of Business Enterprises (the "NRBE") (Nw: Foretaksregisteret):
* NOK 11,503,440.89 of the outstanding amount pursuant to the convertible loans issued in connection with the Private Placement of convertible loans completed on 29 May 2024.
* NOK 528,352 outstanding towards the Company's CEO, Leif Arnold Thomas, pursuant to the bonus agreement between the Company and Leif Arnold Thomas.
* NOK 3,720,840 of the outstanding amount pursuant to the loan agreement between the Company and Quantum Leben AG.
In total, the capital increase pertaining to the abovementioned registration is NOK 48,898.3468 by the issuance of in aggregate 25,735,972 new shares. Following registration of the share capital increases, Huddlestock's share capital is NOK 525,405.1171 divided into 276,529,009 shares, each with a par value of NOK 0.0019.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
Leif Arnold Thomas
Chief Executive Officer
Huddlestock Fintech AS
Tel:
About Huddlestock Fintech AS
Huddlestock is an innovative technology software provider through its Investment-as-a-service offering, with full operational service support and a leading financial Consultancy services business. We deliver innovative and sustainable technology and operational solutions to companies offering financial products and services.
Find out more at huddlestock.com
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