Share capital increase registered
Reference is made to the stock exchange announcements published by Huddlestock Fintech AS ("Huddlestock" or the "Company") on 26 September 2024 regarding the share capital increase by cash contribution, in which the board resolved to issue 23,593,166 new shares with a total subscription amount of NOK 14,155,899.60 and on 14 October 2024 regarding the share capital increase by debt conversion, in which the board resolved to issue 18,338,911 new shares with a total subscription amount of NOK 47,681,168.60. Both capital increases are based on an authorization granted by the ordinary general meeting held on 16 May 2024.
The issuance of 41,932,077 new shares has now been registered with the Norwegian Register of Business Enterprises (the "NRBE") (Nw: Foretaksregisteret). Following registration of the share capital increase, Huddlestock's share capital is NOK 441,886.24 divided into 232,571,703 shares, each with a par value of NOK 0.0019.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Leif Arnold Thomas, Chief Executive Officer, Huddlestock Fintech AS, +47 982 15 520, leif.thomas@huddlestock.com
About Huddlestock Fintech AS
Huddlestock is an innovative technology software provider through its Investment-as-a-service offering, with full operational service support and a leading financial Consultancy services business. We deliver innovative and sustainable technology and operational solutions to companies offering financial products and services.
Find out more at huddlestock.com