Allt inom Issuance
Nanexa completes the first part of the directed share issue to Applied Ventures
On December 17, 2020, Nanexa AB (publ) (“Nanexa” or “the Company”) announced that the Company has entered into an investment agreement with Applied Ventures, LLC (“Applied Ventures”) through which Applied Ventures intends to invest up to USD 3 million in Nanexa during 2021 to support continued development and expansion. Today, January 12, 2021, Nanexa’s Board of Directors has decided, with the support of the authorization received at the Annual General Meeting on June 2, 2020, to issue 686,492 shares and 3,558,278 warrants (the “Directed Issue”) to Applied Ventures. In accordance with the investment agreement, the subscription price for the shares in the Directed Issue has been set at the volume-weighted average price (“VWAP”) during the period December 22, 2020 through January 11, 2021 with a deduction of five percent, corresponding to SEK 11.99 per share.