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Expert.Ai

Share Issue/Capital Change Jun 18, 2024

4049_tar_2024-06-18_144fb2e2-b491-47fb-a8f5-5d866d4c9209.pdf

Share Issue/Capital Change

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Informazione
Regolamentata n.
20040-31-2024
Data/Ora Inizio Diffusione
18 Giugno 2024 19:16:10
Euronext Growth Milan
Societa' : EXPERT.AI
Identificativo Informazione
Regolamentata
: 192394
Utenza - Referente : EXPERTSYSTN01 - Francesca Spaggiari
Tipologia : 3.1
Data/Ora Ricezione : 18 Giugno 2024 19:16:10
Data/Ora Inizio Diffusione : 18 Giugno 2024 19:16:10
Oggetto : Ergo s.r.l. formalize a subscription commitment
with respect to the share capital increase in
option resolved by the Shareholders' Meeting
Testo
del
comunicato

Vedi allegato

PRESS RELEASE

ERGO S.R.L. FORMALIZE A SUBSCRIPTION COMMITMENT WITH RESPECT TO THE SHARE CAPITAL INCREASE IN OPTION RESOLVED BY THE SHAREHOLDERS' MEETING

18 June 2024

With reference to the share capital increase to be offered in option to the shareholders, resolved by the Extraordinary Shareholders' Meeting on May 22, 2024, for an amount up to a maximum of Euro 30 million, whose final terms and conditions will subsequently be determined by the Board of Directors (the "Share Capital Increase"), Expert.ai S.p.A. (the "Company"), following press releases dated 28 May and 30 May 2024, announces that it has received also from the shareholder Ergo S.r.l. ("Ergo"), holder of 5,605,830 shares of the Company equal to approximately 8,13% of the share capital, a communication whereby Ergo irrevocably commits to subscribe a portion of its quota of the Share Capital Increase pursuant to art. 2441, paragraph 1, of the Civil Code, in the context of the future offer in option (the "Offer"), for an amount equal to Euro 900,000.00 (nine hundred thousand /00) (the "Subscription Commitment").

The Subscription Commitment (i) is not covered by any guarantee and has not an expiration date for its exercise, and (ii) is subject to the condition that the subscription price of the Offer does not exceed Euro 1.20 for each new share issued.

***

This press release is available on the Company website www.expert.ai and at

Expert.ai (EXAI:IM) is the leading enterprise AI company solving complex language challenges. Our solutions deliver key information for publishers, streamline operations for insurers, drive revelations for pharmaceutical giants, and enhance customer interactions within financial services – all while automating traditional labor intensive methods. By combining deep domain expertise with the finest attributes of Large Language Models, Machine Learning, and Symbolic AI, we are at the leading edge of linguistic advancements in hybrid AI. With a global presence in Europe and North America, we proudly serve clients that include AXA XL, Zurich Insurance Group, Generali, Sanofi, EBSCO, The Associated Press, Bloomberg INDG, and Dow Jones.

For more information visithttps://www.expert.ai/

Contacts

Expert.ai

Investor Relations Stefano Spaggiari [email protected]

Comunications

Francesca Spaggiari [email protected] Tel. +39 059 894011

CDR Communication S.r.l.

Investor Relations Vincenza Colucci vincenza.colucci@cdrcommunication.it Tel. +39 335 6909547

Media Relations Martina Zuccherini martina.zuccherini@cdrcommunication.it Tel. +39 339 4345708

Euronext Growth Advisor

Integrae SIM S.p.A. [email protected] Tel: +39 02 9684 6864

Fine Comunicato n.20040-31-2024 Numero di Pagine: 3

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