XMReality’s rights issue is registered – conversion of BTA into shares
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XMReality AB (publ) ("XMReality" or the "Company") has completed a rights issue of shares where the subscription period ended on August 20, 2024 (the “Rights Issue”). The Rights Issue has today, August 28, 2024, been registered with the Swedish Companies Registration Office. The last day of trading in paid subscribed shares (“BTA”) is on August 29, 2024. The record date is September 2, 2024, after which the BTAs will be converted into shares on September 4, 2024. Shares are expected to be distributed to the investors’ VPC accounts/custody accounts on September 4, 2024.
Furthermore, the share capital reduction has been registered with the Swedish Companies Registration Office, as resolved at the Extraordinary General Meeting on July 31, 2024. Following the registration of the Rights Issue and the share capital reduction, the number of shares in the Company amounts to 619,428,793 shares and the share capital amounts to SEK 6,194,287.93. The quota value thus amounts to SEK 0.01 per share.
Advisors
XMReality Group has engaged Penser by Carnegie, Carnegie Investment Bank AB (publ), and Ramberg Advokater KB as financial and legal advisors in connection with the Rights Issue.