Share Issue/Capital Change • Jun 18, 2024
Share Issue/Capital Change
Open in ViewerOpens in native device viewer

| 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

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/
Investor Relations Stefano Spaggiari [email protected]
Francesca Spaggiari [email protected] Tel. +39 059 894011
Investor Relations Vincenza Colucci vincenza.colucci@cdrcommunication.it Tel. +39 335 6909547
Media Relations Martina Zuccherini martina.zuccherini@cdrcommunication.it Tel. +39 339 4345708
Integrae SIM S.p.A. [email protected] Tel: +39 02 9684 6864
| Fine Comunicato n.20040-31-2024 | Numero di Pagine: 3 |
|---|---|
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.