Capital/Financing Update • May 29, 2024
Capital/Financing Update
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29.5.2024 08:45:38 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.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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
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