The subscription period in BeammWave's rights issue of Class B shares begins today

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, August 13, 2025, is the first day of the subscription period in BeammWave AB’s (publ) ("BeammWave" or the "Company") new issue 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 August 4, 2025. The subscription period in the Rights Issue runs until August 27, 2025. Please note, however, that some banks and asset managers may have an earlier response date for subscription in the Rights Issue. Shareholders should therefore check with their bank or nominee whether they have an earlier response date.The Rights Issue in briefThe Rights Issue comprises a maximum of 9,288,869 Class B shares.At full subscription, BeammWave will receive approximately SEK 65 million before deduction of issue costs.The subscription price is SEK 7.00 per Class B share.The rights issue is covered to 100 percent by subscription commitments and guarantee commitments.Those who were registered in the share register maintained by Euroclear Sweden AB as a shareholder in BeammWave on the record date 11 August 2025 received five (5) subscription rights for each (1) share held.Seventeen (17) subscription rights entitle the holder to subscribe for one (1) new Class B share in the Company.Shareholders who choose not to participate in the Rights Issue will have their ownership diluted by up to approximately 22,7 percent but have the opportunity to compensate for the dilution effect by selling their subscription rights.Complete terms and conditions for the Rights Issue as well as other information about the Company can be found in the Appendix IX-information document published by the Company on 8 August 2025.Background and motive for the Rights IssueBeammWave's developed product range forms an offering for digital beamforming, developed for fifth generation mobile networks (5G) with relevance also fo...

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