The Board of directors of Acarix AB ("Acarix" or the "Company") today announces the outcome of the exercise period for warrants of series 2024:U1 (TO2) (the "Warrants") issued in connection with Acarix rights issue of units announced on September 11, 2023. A total of 54,975,781 Warrants were exercised and consequently the subscription rate was approximately 60.7 percent. Acarix receives approximately SEK 13.7 before issue costs.
Acarix CEO Aamir Mahmood comments: “We thank the shareholders who have chosen to exercise their warrants. Your support is very valuable, and it helps us with our mission to transform early cardiac diagnostics by further increasing the availability of our CADScor system. We look forward to managing the trust in the best possible way and work hard every day to deliver shareholder value.”
Overview of outcome
The final outcome indicates that 54,975,781 Warrants were exercised for subscription of shares. The degree of utilization amounted to approximately 60.7 percent. Acarix is provided with approximately SEK 13.7 before issuing costs.
Shares and share capital
By the exercise of the Warrants, the total number of shares in Acarix increases by 54,975,781 to 792,164,597. The share capital in Acarix increases by 549,757.81 SEK to 7,921,645.97 SEK. Exercised Warrants have been replaced with interim shares pending the registration with the Swedish Companies Registration Office (“SCRO”). The interim shares are expected to be converted into shares approximately seven banking days after registration with the SCRO.
Advisers
Penser by Carnegie, Carnegie Investment Bank AB (publ) is acting as financial advisor, and Baker McKenzie is acting as legal advisor to Acarix.
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