Subsequent Offering
Search documents
Hofseth BioCare ASA: Key Information Relating to Subsequent Offering
Globenewswire· 2025-10-27 07:02
Core Viewpoint - Hofseth BioCare ASA ("HBC" or "the Company") is conducting a Subsequent Offering to raise gross proceeds of approximately NOK 30 million by issuing up to 16,666,666 new shares at a subscription price of NOK 1.80 per share, which is the same as the offer price in the recent Private Placement [2][3]. Subsequent Offering Details - The Subsequent Offering is conditional upon the approval of the Company's extraordinary general meeting (EGM) scheduled for around 20 November 2025, which will authorize the board of directors to issue shares [3][4]. - The offering is directed towards shareholders as of 24 October 2025, excluding those who participated in the Private Placement and those in jurisdictions where the offering would be unlawful [4]. - If Eligible Shareholders do not subscribe for all available shares, remaining shares may be allocated to Secondary Subscribers deemed strategically important by the Board [4][5]. - The subscription period will begin following the publication of an offering prospectus, and the Company reserves the right to cancel the offering if the shares trade at or below the offer price in significant volumes [5][6]. Important Dates and Information - Date of approval for the Subsequent Offering: On or about 20 November 2025 [4]. - Last day including right: 24 October 2025 [6]. - Ex-date: 27 October 2025 [6]. - Record date: 28 October 2025 [6]. - Maximum number of new shares to be issued: 16,666,666 [6]. - Subscription price per share: NOK 1.80 [6].
Hofseth BioCare ASA: Key Information Relating to Subsequent Offering
Globenewswire· 2025-10-27 07:02
Core Viewpoint - Hofseth BioCare ASA ("HBC" or "the Company") is conducting a Subsequent Offering to raise gross proceeds of approximately NOK 30 million by issuing up to 16,666,666 new shares at a subscription price of NOK 1.80 per share, which is the same as the offer price in the recent Private Placement [2][3]. Subsequent Offering Details - The Subsequent Offering is conditional upon the approval of the Company's extraordinary general meeting (EGM) scheduled for around 20 November 2025, which will authorize the board of directors to issue shares [3][4]. - The offering is directed towards shareholders as of 24 October 2025, excluding those who participated in the Private Placement and those in jurisdictions where the offering would be unlawful [4]. - If Eligible Shareholders do not subscribe for all available shares, remaining shares may be allocated to Secondary Subscribers deemed strategically important by the board [4][5]. - The subscription period will begin following the publication of an offering prospectus, and the Company reserves the right to cancel the offering if the shares trade at or below the offer price in significant volumes [5][6]. Important Dates and Information - Date of approval for the Subsequent Offering: On or about 20 November 2025 [4]. - Last day including right: 24 October 2025 [6]. - Ex-date: 27 October 2025 [6]. - Record date: 28 October 2025 [6]. - Maximum number of new shares to be issued: 16,666,666 [6]. - Subscription price per share: NOK 1.80 [6].
Kaldvik AS - Commencement of subscription period for subsequent offering
Globenewswire· 2025-09-02 08:06
Core Viewpoint - Kaldvik AS is conducting a Subsequent Offering of up to 4,300,000 new shares at a subscription price of NOK 14 per share, aiming to raise gross proceeds of NOK 60,200,000 [2][3]. Offering Details - The subscription period for the Subsequent Offering starts on 2 September 2025 and ends on 16 September 2025 [4]. - The offering is available to shareholders as of 4 June 2025 who meet specific eligibility criteria [5]. - Eligible shareholders will receive 0.16865 Subscription Rights for each existing share held, allowing them to subscribe for new shares at the set price [5]. Subscription Rights and Procedures - Over-subscription and subscription without Subscription Rights are not permitted [6]. - Subscription Rights must be exercised before the expiry of the Subscription Period, or they will lapse without value [8]. - Payment for the Offer Shares is due on 19 September 2025, with trading expected to commence on Euronext Growth Oslo shortly thereafter [9]. Management and Legal Advisory - DNB Carnegie, Arion banki hf., and Nordea Bank Abp are acting as managers for the Subsequent Offering, with Advokatfirmaet Thommessen AS providing legal advice [10].
Kaldvík AS: Key information regarding potential subsequent offering
Globenewswire· 2025-06-04 23:27
Core Viewpoint - Kaldvík AS has completed a private placement and is considering a subsequent offering for eligible shareholders who were not included in the private placement [2][3][4] Group 1: Private Placement Details - The private placement was announced on 5 June 2025, with a maximum of 4.3 million new shares to be issued at a subscription price of NOK 14 per share [3] - The last day to receive subscription rights was 4 June 2025, with the record date set for 6 June 2025 [3] - The approval for the subsequent offering is expected around 19 June 2025, pending necessary corporate resolutions [3] Group 2: Eligibility and Conditions - Eligible shareholders include those who were not part of the pre-sounding phase or allocated shares in the private placement, and who reside in jurisdictions where the offering is lawful [2][3] - No oversubscriptions will be allowed, and subscription rights will not be tradable [3] Group 3: Role of Financial Institutions - DNB Carnegie acts as the Sole Global Coordinator and Joint Bookrunner, with Arion Banki hf and Nordea Bank Abp also serving as Joint Bookrunners for the private placement and potential subsequent offering [5]
Kaldvík AS – New debt financing and launch of a pre-committed private placement to raise gross proceeds of the NOK equivalent of approximately EUR 46.2 million
Globenewswire· 2025-06-04 15:59
Core Viewpoint - Kaldvik AS is planning a private placement to raise approximately EUR 46.2 million through the issuance of new shares, which is part of a refinancing package to support its operations and financial obligations [2][4]. Group 1: Private Placement Details - The private placement aims to raise gross proceeds of approximately EUR 46.2 million, with an offer price set at NOK 14 per share [2]. - The placement will be divided into two tranches, with Tranche 1 consisting of 5,976,172 shares, and Tranche 2 will include additional shares necessary to meet the total gross proceeds [7]. - The application period for the private placement starts on June 4, 2025, and ends on June 5, 2025, with the company reserving the right to modify the application period [6]. Group 2: Use of Proceeds - The net proceeds from the private placement, along with new debt financing, will be utilized for biomass build-up, repayment of a bridge facility, shareholder loans, and general corporate purposes [4]. Group 3: Investor Commitments - The largest shareholder, Austur Holding AS, which owns 57.46% of the shares, has committed to subscribe for shares in the private placement [8]. - Other investors, including Laxar Eignarhaldsfelag ehf and Eskja Holding ehf, have also committed to subscribe for their pro-rata shares [8]. Group 4: Regulatory and Compliance Aspects - The private placement will be directed towards Norwegian and international investors, adhering to relevant exemptions from registration and prospectus requirements [11]. - The company has considered equal treatment obligations under Norwegian law and believes the transaction structure complies with these requirements [13]. Group 5: Timeline and Settlement - Settlement for Tranche 1 is expected around June 10, 2025, while Tranche 2 is anticipated to settle around June 23, 2025, subject to approval by an extraordinary general meeting [10].