Trading in Syncro Group’s warrants TO4 will begin January 17, 2023

Share

Share on facebook
Share on twitter
Share on linkedin
Share on email

Syncro Group carried out a direct share issue, refinanced outstanding loans and issued warrants of series TO4 during December 2023. The warrants, issued free of charge to participating investors, the lender and existing shareholders of Syncro Group, will begin trading at Spotlight Stock Market from January 17, 2023. The warrant will have the ticker “SYNC TO 4 B”.

Join our investor community

Sign up to our newsletter and get our latest news continuously. For a everyday insight follow us on social media

Explore more

In connection with Syncro Group AB’s (“Syncro Group” or the “Company”) directed issue of units on Spotlight Stock Market in September 2021, which was disclosed through press release on 27 September 2021, the Company issued 20,950,076 warrants of series TO3. Each warrant gives the right to subscribe for one (1) new share of series B in the Company. The exercise price for the warrants of series TO3 have been determined to 70 percent of the volume-weighted average price in the Company’s share on Spotlight Stock Market during the measurement period, which ran from and including March 2, 2023, up to and including March 15, 2023. During the measurement period, the volume-weighted average price in the Company’s share was approximately SEK 0.29, therefore, the exercise price for the warrants of series TO3 is determined to SEK 0.20. The subscription period for warrants of series TO3 runs during the period from and including March 17, 2023, up to and including March 31, 2023.

Aktiespararna har publicerat en presentation av Syncro Group där VD Ebbe Damm och CMO Olof Lindblom berättar om bolagets nya plattformserbjudanden, synergier och vägen mot lönsamhet.