EKOBOT AB (publ) announces outcome of rights issue of shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, OR IN ANY OTHER JURISDICTION WHERE THE PUBLICATION, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ILLEGAL, SUBJECT TO LEGAL RESTRICTIONS, OR WOULD REQUIRE REGISTRATION OR OTHER ACTION.

The board of directors of EKOBOT AB (publ) ("Ekobot" or the "Company") today announces the outcome of the issue of shares with preferential rights for the Company's shareholders that was announced on 14 February 2024 (the "Rights Issue"). The Rights Issue was subscribed for a total of 25.98 percent, of which approximately 9.16 percent was subscribed for with subscription rights and approximately 16.82 percent was subscribed for without subscription rights. Ekobot is thus provided with a total of approximately SEK 4.75 million before transaction costs.

Outcome of the Rights Issue
The subscription period for the Rights Issue ended on 11 March 2024. The final outcome shows that a total of 7,922,186 shares have been subscribed for through the Rights Issue and the Company thus receives approximately SEK 4.75 million before transaction costs.

Allocation of shares subscribed for without subscription rights has been carried out in accordance with the principles stated in the information memorandum that the Company published on 23 February 2024 in connection with the Rights Issue. Notice of such allotment will be announced separately by sending a contract note. Nominee-registered shareholders will receive notice of allotment in accordance with the respective nominee's routines.

Number of shares, share capital and dilution
Through the Rights Issue, the total number of shares in the Company will increase by 7,922,186 from 15,246,317 to 23,168,503. The share capital will increase by SEK 2,772,765.10 from SEK 5,336,210.95 to SEK 8,108,976.05. The Rights Issue entails a dilution of approximately 34.19 percent for existing shareholders that did not participate in the Rights Issue.

Trading with BTA
Trading in BTA (Paid Subscribed Share) takes place on Nasdaq First North Growth Market until the conversion of BTA to shares, which takes place after the Rights Issue has been registered with the Swedish Companies Registration Office. Registration with the Swedish Companies Registration Office is expected to take place during week 12, 2024.

Advisors
Eversheds Sutherland Advokatbyrå AB is legal advisor to the Company in connection with the Rights Issue. Aqurat Fondkommission AB acts as issuing agent.

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