Business
Last day of trading in subscription rights in BeammWave's rights issue
Last day of trading in subscription rights in BeammWave's 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.Today, June 4, 2026, is the last day of trading in the subscription rights issued in connection with BeammWave AB's (publ) ("BeammWave" or the "Company") rights issue of shares with preferential rights for existing shareholders (the "Rights Issue"), which was resolved by the Board of Directors on May 12, 2026, based on authorization from the Annual General Meeting on May 14, 2025. The subscription period in the Rights Issue runs from May 25, 2026, up to and including June 9, 2026. Subscription rights that are neither sold nor exercised for subscription expire worthless.The Rights Issue in briefAt full subscription, BeammWave will receive approximately SEK 51.7 million before deduction of issue costs.The subscription price is SEK 11.50 per Class B share.Those who were registered in the share register maintained by Euroclear Sweden AB as shareholders in BeammWave on the record date May 20, 2026, received one (1) subscription right for each (1) share (both Class A and Class B shares) held. Ten (10) subscription rights entitle the holder to subscribe for one (1) new Class B share in the Company.The subscription period in the Rights Issue runs from and including 25 May, 2026, up to and including 9 June, 2026.The Company may, if the Board of Directors considers that there is sufficient investor interest and/or that it is beneficial for the Company to add additional strategic investors, carry out and resolve an additional issue of Class B shares with maximum issue proceeds of approximately SEK 25 million.Preliminary timetable for the Rights IssueThe timetable below for the Rights Issue is preliminary and subject to change.Trading in subscription rightsMay 25-June 4, 2026Subscription periodMay 25-June 9, 2026Trading in the BTA (paid subscribed B shares)May 25 – week 26, 2026Announcement of the outcome of the Rights IssueJune 10, 2026Subscription with preferential rightsDirectly ...
View stock analysis, news, and events for Beammwave Ab Class B