Capital/Financing Update • May 29, 2024
Capital/Financing Update
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Huddlestock Fintech AS: Ex subsequent offering of convertible debt today
29.5.2024 08:45:41 CEST | Huddlestock Fintech AS | Ex date
NOT FOR DISTRIBUTION, RELEASE OR REPUBLICATION, DIRECTLY OR INDIRECTLY, TO U.S.
NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA,
CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION,
RELEASE OR REPUBLICATION WOULD BE UNLAWFUL
Stavanger, 29 May 2024: Reference is made to the stock exchange announcement
published by Huddlestock Fintech AS ("Huddlestock" or the "Company") on 29 May
2024 announcing the completion of a private placement of convertible debt,
raising gross proceeds of NOK 12,500,000 (the "Private Placement") and a
potential subsequent offering directed towards eligible shareholders, which,
subject to the same conditions as in the Convertibles issued in the Private
Placement, at conversion represents rights to subscribe for new shares (the
"Subsequent Offering").
The shares in Huddlestock will be traded exclusive the right to participate in
the Subsequent Offering (if resolved) as from today, 29 May 2024.
For more information, please contact:
* Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982
15 520, [email protected]
* John Egil Skajem, Investor relations and corporate development officer,
Huddlestock Fintech AS, +47 4188 7412, [email protected]
This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo and section
5-12 of the Norwegian Securities Trading Act.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* John E. Skajem, Chief Corporate Development / Investor Relations, Huddlestock
Fintech, +47 418 87 412, [email protected]
* Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982
15 520, [email protected]
ABOUT HUDDLESTOCK FINTECH AS
About Huddlestock:
Huddlestock is a leading provider of investment and wealth management SaaS
solutions and services. We provide the technology, expertise and support that
financial institutions need to launch or transform an investment offering. Our
modular approach to cloud software helps firms around the world - from fintech
startups to established banks, neobanks, wealth and asset managers - deploy
innovative solutions with flexibility and speed. With a team made up of
ex-industry practitioners and wealth technology experts, we also provide
professional services and operations outsourcing that drive performance,
innovation and growth for our customers. Huddlestock is listed on the Euronext
Growth market.
Find out more at huddlestock.com - https://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/3157/4564/Download%20announcement
%20as%20PDF.pdf
2024 05 29 Borsmelding HFT ExDato.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/3157/4563/2024%2005%2029%20%20Bor
smelding%20%20HFT%20ExDato.pdf
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