The prospectus and offerings may NOT be downloaded or read by persons residing in the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Switzerland, Singapore, South Africa, or any other jurisdiction where participation would require additional prospectuses, registration, or measures other than those under Swedish law or otherwise contrary to the rules of such jurisdiction. Distribution of the Prospectus and offerings and participation in the Offer are subject to restrictions in law and other rules in some jurisdictions. The Company has not taken and will not take any steps to allow an offer to the public in any jurisdictions other than Sweden. The Offer is not addressed to persons domiciled in the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Switzerland, Singapore, South Africa, or any other jurisdiction where participation would require additional prospectuses, registration, or other measures than those arising under Swedish law or otherwise contrary to the rules of such jurisdiction. Consequently, the prospectus, the notification form and other documents relating to the Offer may not be distributed in or to said countries or any other jurisdiction where distribution or the Offer requires such action or otherwise violates applicable rules. Subscription of units and acquisition of securities in violation of the above limitations may be invalid. Persons receiving copies of the Prospectus must inform themselves of and comply with such restrictions. Measures in breach of the restrictions may constitute a breach of applicable securities laws. You can find the documents with restricted access below.
Information on warrants in serie 2021:2 (TO5)
In connection with a procured loan financing, that was carried out for the purpose of acquiring approximately 11 percent of the company Holoride in May 2021, Terranet issued warrants of series TO4 B and TO5 B. The warrants were issued approximately to 50 percent to the lender, and approximately 50 percent to shareholders.
Each warrant gives the right to subscribe for one (1) new share of series B in the Company. The subscription price for the warrants of series TO5 B shall correspond to 70 percent of the volume-weighted average price of the Company’s share of series B on Nasdaq First North Premier Growth Market during the measurement period from and including February 24, 2023, up to and including March 9, 2023. However, not lower than the quota value for the Company’s share, corresponding to SEK 0.01, and not higher than SEK 4.20 per share.
The warrants program includes 12,321,546 warrants of series TO5 B, corresponding to an issue size of approximately SEK 5.4 million, and is an important step for Terranet to finance the development of BlincVision.
The offering in short
Terms: One (1) warrants of series TO5 B gives the right to subscribe for one (1) new share in Terranet
Subscription price: SEK 0.44 per share
Exercise period: March 13, 2023 – March 24, 2023
Last day of trading: March 22, 2023
Obs: Many trustees close the opportunity to subscribe before March 24, 2023.