2021 Rights Issue information

Cyber Security 1 AB (publ), reg.no. 556135–4811 (“Cyber 1” or the “Company”), which is listed on Nasdaq First North Growth Market (“Nasdaq First North”) hereby publishes an Investment Memorandum on the announced rights issue. The Investment Memorandum is attached and published on the Company’s webpage, www.cyber1.com, and on Mangold Fondkommision’s webpage, www.mangold.se.

INVITATION TO SUBSCRIBE FOR UNITS IN CYBER1

 

CYBER1’s Board of Directors has on 27 May 2021, subject to approval from the Annual General Meeting (which was obtained on 29 June 2021), resolved to carry out an issue of shares and warrants (“Units“) with preferential rights for existing shareholders of 174,455,113 Units (the “Rights Issue“). Registered shareholders in CYBER1 on the record date on 1 July 2021 have a preferential right to subscribe for Units in relation to the existing shareholding in the Company. Shareholders in the Company receive one (1) unit right for each two (2) shares held on the record date. One (1) unit right entitle to subscription of one (1) Unit in the Company. Each Unit contains one (1) newly issued share and one (1) warrant of series 2021 issued free of charge.

 

The Rights Issue comprise a maximum of 174,445,113 Units and thus entails

an issue of a maximum of 174,445,113 shares and a maximum of 174,445,113 warrants of series 2021.

 

Upon full subscription of Units, CYBER1 will receive approximately EUR 1.74 million before issue costs. Upon full exercise of all warrants, CYBER1 may receive additional issue proceeds of approximately EUR 1.74 million before issue costs.

 

The subscription price is EUR 0.01 per Unit, which corresponds to a subscription price

of EUR 0.01 per share. Warrants are issued free of charge.

 

The Rights Issue is to 100 percent covered by an external guarantee

 

Basic terms for the Offer
Unit One (1) Unit contains one (1) newly issued share and one (1) warrant of series 2021 issued free of charge
Subscription price 0.01 EUR
Subscription period July 5 – July 19 2021
Rights Issue size The Rights Issue comprise a maximum of 174,445,113 Units
Issue proceeds: Approximately EUR 1.74 million
 

Guarantee undertaking:

The Rights Issue is to 100 percent covered by an external guarantee   undertaking from Bullet Capital AG
Warrants of series 2021 Each warrant of series 2021 shall entitle to subscription of one (1) new share in the Company at a subscription price of 0.01 EUR. Subscription of shares by exercise of warrants shall be made in accordance with the terms for the warrants from and including 25 July 2022 to and including 8 August 2022. Shares and warrants are issued and allocated in the form of Units but upon registration of the Rights Issue with the Swedish Companies Registration Office (Bolagsverket) be separated and admitted to trading at Nasdaq First North as separate securities.

 

Pre-money Valuation 3.48 MEUR
Total issue proceeds 1.74 MEUR (shares) + 1.74 MEUR (at full warrants exercise)
Warrants terms Full warrant terms are available at www.cyber1.com

 

Timetable
Record date for participation in the Rights  Issue: 1 July 2021
Subscription period: 5 July – 19 July 2021
Trading in unit rights: 5 July – 14 July 2021
Trading in BTU: From 5 July until the

Until Rights Issue has been registered with the Swedish Companies Registration Office (Bolagsverket)

 

Additional information and subscribe directly: https://mangold.se/emissioner/invitation-to-subscribe-for-units-in-cyber-security-1-ab/


Terms for warrants of series 2021


Investment Memorandum