SpectrumOne publishes prospectus relating to the rights issue of Units
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, THE UNITED STATES, OR ANY OTHER JURISDICTION WHERE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELASE WOULD BE ILLEGAL OR REQUIRE FURTHER REGISTRATION OR OTHER MEASURES. THIS PRESS RELASE DOES NOT CONSTITUTE AN OFFER OF ANY SECURITIES OF SPECTRUMONE AB (PUBL). PLEASE REFER TO THE SECTION “IMPORTANT INFORMATION” BELOW.
SpectrumOne AB (publ) (“SpectrumOne” or the “Company)” today publishes a prospectus (the “Prospectus”) in relation to the 93 percent guaranteed issue of new shares and warrants, as so-called “Units”, with preferential rights for SpectrumOne’s shareholders amounting to approximately MSEK 169 before transaction costs and with subscription period from 31 March 2021 up to and including 14 April 2021 (the “Rights Issue”), as resolved by the board of directors and announced on 19 March 2021.
For complete information on the Rights Issue, please refer to the Prospectus. The Prospectus is available on SpectrumOne’s website (www.spectrumone.com) and Aktieinvest’s website (www.aktieinvest.se). The Prospectus has been prepared as an EU Growth Prospectus in accordance with Article 15 of Regulation (EU) 2017/1129 (the ”Prospectus Regulation”) and has today been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen), which is the competent authority under the Prospectus Regulation. Subscription forms will be available on the Company’s website and on Aktieinvest’s website as from the start of the subscription period of the Rights Issue.
Time table for the Rights Issue
| 26 March 2021 | Record day for the right to receive Unit Rights |
| 29 March 2021 | Publication of the Prospectus |
| 31 March – 14 April 2021 | Subscription period |
| 31 March – 9 April 2021 | Trading with Unit Rights on Nasdaq First North Growth Market |
| 31 March 2021 until the Swedish Companies Registration Office has registered the Rights Issue | Trading with interim Units (Sw. BTU) on Nasdaq First North Growth Market |
| On or around 19 April 2021 | Announcement of the outcome of the Rights Issue |
Advisers
Hannes Snellman Attorneys is legal adviser to SpectrumOne in connection with the Rights Issue and Aktieinvest Fondkommission is issuing agent for the Rights Issue.
For further information contact:
Fredric Forsman, Chairman of the Board
Tel: +46 73 978 78 44
E-mail: fredric@spectrumone.com
Certified Adviser:
Aktieinvest FK AB (556072-2596)
Box 7415, 103 91 Stockholm, Sweden
Tel: +46 8 506 517 03
Email: [email protected]
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOne´s headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Oslo, Norway. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm. www.spectrumone.com
IMPORTANT INFORMATION
The information in this press release does not constitute an offer to acquire, subscribe or otherwise trade in Units Rights, interim Units, Units, shares, warrants or other securities in SpectrumOne. Any invitation to subscribe for Units in SpectrumOne will only be made pursuant to the prospectus which SpectrumOne has published on the Company’s website (www.spectrumone.com).
This press release is not a prospectus in the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. A prospectus, corresponding to an EU Growth Prospectus, has been prepared by the Company and been published on the Company’s website.
This press release does not constitute an offer to, or an invitation to, acquire or subscribe for any Units in SpectrumOne in any jurisdiction, neither from SpectrumOne nor from anyone else. This press release may not be announced, published or distributed, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland, The United States, or any other jurisdiction where participation in the securities issue would require further prospectuses, registration or other measures than under Swedish law. Neither may this press release be distributed in or into such countries or any other country/other jurisdiction if such distribution would involve requirements of such measures or otherwise violate applicable rules. Measures in violation of these restrictions may constitute a breach of applicable securities market laws.
No Unit Rights, interim Units, Units, shares or warrants in SpectrumOne have been, or will be, registered under the United States Securities Act of 1933 in its current wording (the “Securities Act”) or the securities laws of any state or other jurisdiction in the United States and no Unit Rights, interim Units, Units, shares or warrants may be offered, subscribed for, utilized, pledged, approved, sold, resold, delivered or otherwise transmitted, directly or indirectly, in or into the United States, except in accordance with an applicable exception from, or in a transaction not covered by, the registration requirements pursuant to the Securities Act and in accordance with the securities laws of the relevant state or other jurisdiction in the United States. There will be no public offering of such securities in the United States.
The securities referred to herein have not been approved or disapproved by the US Securities and Exchange Commission (the “SEC”), any state securities commission or other regulatory authority in the United States. Nor have any such authority passed upon or endorsed the rights issue or the accuracy or reliability of this document. Any representation to the contrary is a criminal offence in the United States.
This press release contains certain forward-looking information that reflects SpectrumOne’s present view of future events as well as financial and operational development. Words such as “intend”, “assess”, “expect”, “may”, “plan”, “believe”, “estimate” and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development and actual outcomes may differ materially from the statements set forth in the forward-looking information.