Smoltek’s subscription warrants TO 2 give the right to subscribe for shares with a 30 percent discount – marketscreener.com

Posted: April 14, 2020 at 5:43 pm

Smoltek announces that the exercise period for warrants of the TO 2 series, which were issued to subscribers in the company's preferential rights issue in March 2019, starts on April 20 and runs until April 30. The warrants entitle the holder to subscribe for one (1) newly issued share at a subscription price corresponding to 70 percent of the average volume weighted price during the ten (10) trading days ending on April 16, 2020.

The company would like to make all participants in the preferential rights issue, who thus received subscription warrants of the TO 2 series, aware of this opportunity to subscribe for shares in Smoltek with a 30 percent discount compared to the market price during the measurement period. Those who do not wish to exercise their subscription warrants also have the option to sell them. As with Smoltek's shares, the trading with Smoltek's warrants of the TO 2 series is conducted by Spotlight Stock Market.

Strong potential in a very large market Smoltek is developing process technology and concepts for applications based on carbon nanotechnology, primarily for the global semiconductor industry. At the end of March, Smoltek signed an evaluation license agreement with one of the world's largest capacitor manufacturers. The aim is for the agreement to lead to a commercial production license agreement in the next step. The order value for this first step amounts to approximately SEK 1 million.

"This is the first license agreement that we have signed for our CNF-MIM technology, making it an important milestone for Smoltek. Both parties understand that our technology has great potential in the market for miniaturized high-performing capacitors," says Smoltek's CEO Anders Johansson.

During the autumn of 2019, Smoltek was able to demonstrate that the company's CNF-MIM technology is competitive from an industrial perspective as it offers improved performance while using just a fraction of the space needed for conventional capacitors.

"A substantial reduction of the capacitor thickness is highly coveted in advanced 2.5D and 3D semiconductor circuit packaging solutions," says Smoltek's COO Ola Tiverman.

Exercise period of subscription warrant TO 2 Exercise period: April 20, 2020 - April 30, 2020 Date for publication of subscription price: April 17, 2020

Terms in brief One (1) subscription warrant of series TO 2 entitles the holder to subscribe for one (1) new share in the company. The subscription price of the warrants amounts to seventy (70) percent of the average volume-weighted share price according to Spotlight Stock Market's official price statistics during the ten (10) day trading period ending two (2) banking days before the exercise period begins, but not exceeding SEK 100.00. Subscription of shares in the company with the support of warrants of series TO 2 shall take place during the period from April 20, 2020 to April 30, 2020.

Exercising of TO 2 warrants for those with a VP account If you have TO 2 subscription warrants in Smoltek in a VP account, use the subscription form: "Anmlan fr pkallning av TO 2" (only available in Swedish), send it to Partner Fondkommission AB and pay the balance according to the instructions on the form.

Exercising of TO 2 warrants for those with a custodial account/trust accountIf you have TO 2 subscription warrants in a custodial account/trust account, contact your trustee to register for subscription with the support of TO 2 according to the trustee's instructions.

More information about the offer is available at:https://www.smoltek.com/teckningsperiod-to2

For further information:Anders Johansson, CEO of Smoltek Nanotech Holding AB,Mail:anders@smoltek.comTelephone: 0708-39 36 93

Smoltek is developing process technology and concepts for applications based on carbon nanotechnology, primarily for the global semiconductor industry. Smoltek's unique technology enables the production of semiconductor components with smaller form factors, higher performance and lower energy consumption. The company protects its unique technology through an extensive and growing IP-portfolio, consisting of about 100 applied patents, of which 57 are currently granted. Smoltek's applications are today mainly focused on the market segment for "advanced packaging", which is expected to grow at an average annual growth rate (CAGR) of 8.0 percent during the period 2018-2024 and achieve a market value of USD 43.6 billion in 2024 (source: Yole Dveloppement Market research).Smoltek's share is listed on the Spotlight Stock Market in Stockholm, Sweden under the short name SMOL.

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Smoltek's subscription warrants TO 2 give the right to subscribe for shares with a 30 percent discount - marketscreener.com

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