Cyber Security 1 AB (“Cyber1” or “the Company”) today announces the outcome of the exercise of warrants of series TO1 (the “Warrants”). A total of 310,511,425 shares were subscribed for with the support of the Warrants, implying a utilization rate of approximately 85,8 percent. Total proceeds from the exercise of the Warrants of series TO1 amounts to approximately EUR 3,105,114.25 before issuing costs of which EUR 635,000 are contributed via debt set-off.
The number of outstanding Warrants amounted to 361,911,829. One (1) Warrant entitled to subscribe for one (1) new share in Cyber1 at a subscription price of EUR 0.01 per share. The exercise period for the Warrants lasted from 25 July 2022 to 8 August 2022. The Warrants exercise rate was approximately 85.8 percent, corresponding to 310,511,425 Warrants for subscription of the same number of new shares. Exercised Warrants are replaced by interim shares pending registration with the Swedish Companies Registration Office. Through the exercise of the Warrants, the total number of shares in Cyber1 increases by 310,511,425from 710,802,055 to 1 021,313,480. The share capital in CYBER1 increases by EUR 81,301.0737 from EUR 186,108.9984 to EUR 267,410.0721.
Financial and legal advisors
Mangold Fondkommission AB is the issuing agent and Antwoord Consulting AB is legal advisor to CYBER1 in connection with the subscription period to subscribe for shares using the Warrants.
For further information, please contact:
Public Relations Contact:
Christer Lundin :
E-mail: [email protected]
Mangold Fondkommission AB is the Company’s Certified Adviser.
Phone: +46 (0)8 503 015 50
E-mail: [email protected]
About CYBER1
CYBER1 is engaged in providing cyber resilience solutions and conducts its operations through presences in Sweden, South Africa, United Arab Emirates, Kenya and the UK. Listed on Nasdaq First North Growth Market (Nasdaq: CYB1.ST), the Group delivers services and technology licenses to enhance clients’ protections against unwanted intrusions, to provide and enhance cyber resilience and to prevent various forms of information theft. CYBER1 had revenues of €37.22m in 2021.
For further information, please visit www.cyber1.com/investors.
For all company filings and reports, please visit: https://www1.cyber1.com/cyber1-investor-information/
This information is information that Cyber Security 1 is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-08-10 08:47 CEST.