BeammWave AB (publ) resolves on directed issue to guarantors following completion of rights issue

About this update from Beammwave Ab Class B

THIS PRESS RELEASE MAY NOT BE DISTRIBUTED, ANNOUNCED OR PUBLISHED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR IN ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, RELEASE OR PUBLICATION WOULD BE IN VIOLATION OF APPLICABLE REGULATIONS OR REQUIRE FURTHER REGISTRATION OR OTHER MEASURES. PLEASE SEE THE SECTION "IMPORTANT INFORMATION" AT THE END OF THIS PRESS RELEASE.BeammWave AB (publ) ("BeammWave" or the "Company") has completed the new issuance of class B shares with preferential rights for existing shareholders of a maximum of approximately SEK 65 million (the "Rights Issue"), which was announced on 4 August 2025. BeammWave's board of directors has today, pursuant to the authorization granted by the annual general meeting of the Company held on 14 May 2025, resolved on a directed issue of 1,263,642 shares to the guarantors who have entered into guarantee commitments in the Rights Issue and who have chosen to receive consideration in the form of newly issued class B shares in the Company (the "Compensation Issue"). The subscription price in the Compensation Issue amounts to SEK 7.0 per share, corresponding to the subscription price in the Rights Issue in accordance with the guarantee agreements. Payment shall be made by set-off of the guarantors' claims against the Company regarding the consideration for the guarantees.The Compensation IssueIn connection with the announcement of the Rights Issue, it was announced that BeammWave had received guarantee commitments from a consortium of professional and institutional investors and certain members of the board of directors and senior executives of the Company, totaling approximately SEK 54.8 million, corresponding to approximately 84 percent of the Rights Issue.The guarantee commitments in the Rights Issue were divided into bottom and top guarantees. The guarantors in the bottom guarantee had the option to choose between 12 percent in cash or 14 percent in the form of newly issued class B shares in BeammWave as consideration. Participants in the top guarantee commitments had the option to choose between 14 percent in cash or 16 percent in the form of newly issued BeammWave class B shares as consideration. Some of the guarantors have chosen to receive the consideration in the form of ne...

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