Press release

XMReality AB (publ) announces the outcome of the exercise of warrants of series TO1

  • Regulatory
XMReality AB (publ) announces the outcome of the exercise of warrants of series TO1
The board of directors of XMReality AB (publ) ("XMReality" or "the Company") today announces the outcome of the exercise of warrants of series TO1, which were issued in connection with the Company’s rights issue of units during the fourth quarter of 2022. The subscription rate was approximately 11.3 percent and XMReality receives approximately SEK 1.5 million before issue costs.

Background

The subscription period for exercise of the warrants of series TO1 took place during the period from and including May 8 2023, up to and including 19 May 2023. The subscription price for exercising the warrants of series TO1 was determined to SEK 0.55 per share.

In total, 5,355,556 warrants of series TO1 were exercised for subscription of 2,677,778 shares, meaning that approximately 11.3 percent of all outstanding warrants of series TO1 were exercised for subscription of shares.

Number of shares, share capital and dilution

Through the exercise of the warrants of series TO1, the number of shares in XMReality increases by 2,677,778 shares, from 88,475,269 shares to a total of 91,153,047 shares. The share capital will increase by SEK 133,888.90, from SEK 4,423,763.45 to SEK 4,557,652.35.

For existing shareholders who did not exercise any warrants of series TO1, the dilution amounts to approximately 2.93 percent of the number of shares and votes in the Company.

XMRealitys Certified Adviser is Redeye AB
www.redeye.se

The information has been released by the below-mentioned contact person for publication on May 22nd, 2023, at 15:10 CEST.