The board of directors of Linkfire A/S resolves to issue up to 55,456,965 new shares in Linkfire A/S (the “Company”)
On 21 November 2022 the Company’s board of directors has resolved to issue up to 55,459,965 new shares in the Company corresponding to shares of a nominal value of DKK 554,569.65 pursuant to the authorization in the Company’s articles of association approved on the extraordinary meeting held on 14 November 2022 and in accordance the company’s announcements dated 21 October 2022 and 10 November 2022.
As per agreement with the investors, subscription of the new shares shall take place no later than 5 December 2022.
The new shares will be issued through Euronext Securities A/S and be listed and tradable on Nasdaq First North Growth Market following registration of the new share capital with the Danish Business Authority.
The new shares will entail a dilution of approximately 48 percent for existing shareholders of Linkfire A/S.
The total share capital of Linkfire A/S following the issue is nominally DKK 1,149,860.51 made up of 114,989,051 shares of each DKK 0.01.
Copenhagen, 21 November 2022
Board of directors of Linkfire
For further information, please contact:
Linkfire
Tobias Demuth, CFO
Telephone: +45 26 88 99 53
E-mail: [email protected]
About Linkfire – Empowering entertainment discovery everywhere
Linkfire makes entertainment marketing easy. We optimize impact, drive streams, increase ticket sales and recommend audio content to billions of fans and listeners on a global scale. Our SaaS marketing platform transformed music marketing and we are now building a global recommendation network for audio entertainment discovery to connect even more fans and listeners to the content they love. Linkfire’s customers and partners include most artists on Billboard’s annual Hot 100, all major music labels, global audio and music streaming services, social media apps and media publishers.
In 2021, Linkfire enabled 1.6 billion consumer connections and the company's revenue amounted to DKK 34.5M, an annual growth of 42 per cent. Co-founded in 2014 and headquartered in Copenhagen, Linkfire today employs a global team with offices in New York and Los Angeles. Linkfire's share (LINKFI) is listed on Nasdaq's First North Premier Growth Market in Stockholm. Learn more about us on about.linkfire.com and more about our offering on linkfire.com. To keep up with our latest news, follow @Linkfire on LinkedIn and @getlinkfire on Twitter and Instagram.