Warrants of series TO1 were subscribed to approximately 96.24 percent corresponding to approximately SEK 16.85 million

Realfiction Holding AB (”Realfiction” or the ”Company”) today announces the outcome of the exercise of warrants of series TO1, which were issued in connection with the Company’s directed issue during the fourth quarter of 2020. In total, 1,470,405 warrants of series TO1 were exercised, corresponding to approximately 96.24 percent of the total number of outstanding warrants of series TO1, for subscription of 1,470,405 shares at a subscription price of SEK 11.46 per share. Realfiction will receive approximately SEK 16.85 million before issuing costs through the exercise of the warrants of series TO1.

Background
The subscription period for exercise of the warrants of series TO1 took place from 9 November 2021 up to and including 22 November 2021. The subscription price per share for exercising the warrants of series TO1 was set to SEK 11.46.

In total, 1,470,405 warrants of series TO1 were exercised for subscription of 1,470,405 shares, meaning that approximately 96.24 percent of all outstanding warrants of series TO1 were exercised for subscription of shares.

Exercised warrants have been replaced with interim shares (IA), pending registration with the Swedish Companies Registration Office. The interim shares are expected to be converted to shares within approximately three (3) weeks.

Numbers of shares, share capital and dilution
Through the exercise of the warrants of series TO1, the number of shares in Realfiction increases by 1,470,405 shares, from 18,241,442 to a total of 19,711,847 shares. The share capital will increase by SEK 147,040.50, from SEK 1,824,144.2 to SEK 1,971,184.70.

For existing shareholders who did not exercise any warrants of series TO1, the dilution amounts to approximately 7.46 percent based on the number of shares following exercise of the warrants of series TO1.

Comment from Clas Dyrholm, CEO:
“I am very pleased to see such a high subscription rate and I want to take this opportunity to thank our investors for their continued support. The funds will enable us to complete our ECHO 3D display technology to a point where it can be integrated into future displays targeted at consumer and enterprise audiences.”

Advisers
Mangold Fondkommission AB is financial adviser and Eversheds Sutherland Advokatbyrå AB is legal advisor to Realfiction regarding the warrants.

For questions regarding the warrants, please contact:
Mangold Fondkommission AB
Tel: +46 8 5030 1595
E-mail: [email protected]