Correction MAR-label: CESSATECH PUBLISHES OFFERING MEMORANDUM IN CONNECTION WITH 80% GUARANTEED RIGHTS ISSUE
København, Denmark, October 20, 2022 – Cessatech A/S (“Cessatech” or the “Company”) today released the Offering Memorandum in connection with the upcoming rights issue (the “Rights Issue” or the “Offering”). The Offering Memorandum, the application form and other information about the Offering is available on the Company’s website, www.cessatech.com, under fillings and reports. One (1) existing share in Cessatech held on the record date of October 25, 2022, entitles to one (1) Unit Right. Four (4) Unit Rights entitles to subscription of one (1) Unit. One (1) Unit comprise of six (6) new shares and three (3) warrants of series TO2 free of charge. The subscription price is DKK 12 per unit, corresponding to DKK 2 per share. The Subscription period of the Rights Issue runs from October 27 up until November 9, 2022, both days included.
Advisors
Translution Capital acts as financial advisors to the Company in connection with the Offering. Nordic Issuing is the Company’s issuing agent whereas Elmann Law Firm is the Company’s legal advisor in connection with the Offering.