The exercise period for Xpecunia Nordic AB's ("Xpecunia", the "Company") 2022/2023 warrant series ("TO2") begins today, 23 January 2023. The exercise price has been set at SEK 0.70. The exercise period runs until 15 February 2023.
During September 2022, Xpecunia Nordic AB issued free warrants series 2022/2023 (TO2) to existing shareholders. The record date was 2 September 2022. Shareholders received one warrant for every eight shares held.
Warrant holders who wish to subscribe for shares with the support of warrants may exercise their TO2 warrants between 23 January and 15 February 2023.
The exercise price (the price at which new shares are subscribed for through the exercise of the warrants) has been set at SEK 0.70 per share. The exercise price has been calculated as 70% of the volume weighted average price during the measurement period (last 5 trading days: 16-20 January 2023).
A total of 4,573,109 warrants of series TO2 have been issued. If all warrants are exercised, Xpecunia Nordic will receive approximately SEK 3.2 million before deduction of any costs.
Trading in TO2
The warrants will be traded until 10 February 2023. Warrants not sold or exercised before this date will expire and become worthless.
Xpecunia Nordic AB – under proposal to change its name to Creturner Group AB at the Extraordinary General Meeting of 2023-01-13..
The digital part within Xpecunia is basically a technical computing company that is expanding to strengthen its long-term potential and create a presence in the rapidly growing market for computing capabilities. The company has its own facilities in Sweden with in-house energy production to reduce raw material costs and environmental impact.
Creturner is a subsidiary of Xpecunia Nordic AB (under name change to Creturner Group AB).
Creturner International AB offers corporate customers an effective and permanent method of carbon offsetting their operations. The method is based on Bio-CSS (Carbon Capture and Storage), which involves converting residual biomass into the element carbon and storing it to reduce the amount of CO2 in the atmosphere. Corporate customers of Creturner can then purchase carbon offsets in the same way as they traditionally offset climate change, for example by planting trees. Unlike tree planting, Creturner's approach is immediate, permanent and clearly measurable.
The company is listed on NGM Nordic SME in Stockholm, Sweden and on the Stuttgart Stock Exchange in Germany.
CEO: Daniel Moström – 070-7446901
Address: Taptogatan 6, 115 27 STOCKHOLM, Sweden
Xpecunia Nordic AB (publ) org: 559152-3013