October 25, 2023
Insplorion AB publishes prospectus regarding rights issue of units of approximately SEK 19.6 million

Insplorion AB publishes prospectus regarding rights issue of units of approximately SEK 19.6 million

Insplorion AB publishes prospectus regarding rights issue of units of approximately SEK 19.6 million

The Board of Directors of Insplorion AB ("Insplorion" or the "Company") publishes an EU growth prospectus (the "Prospectus") in connection with the rights issue of units consisting of shares and warrants with preferential rights for Insplorion's existing shareholders (the "Rights Issue"), which was resolved by the Board of Directors on September 15, 2023, and approved by the Extraordinary General Meeting on October 18, 2023. The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority. Upon full subscription in the Rights Issue, the Company will receive approximately SEK 19.6 million before issue costs. Upon full exercise of all warrants during the period 11 - 25 March 2024, the Company may receive an additional maximum amount of approximately SEK 39.3 million. The proceeds from the Rights Issue shall in its entirety focus on further development and commercialization of the Company's hydrogen sensors and to finance working capital needs.

Timetable for the Rights issue:

  • Subscription period: 26 October – 9 November 2023
  • Trading in unit rights: 26 October – 6 November 2023
  • Date for publication of the outcome of the Rights Issue: Around 13 November 2023

More details regarding the Rights Issue are also available on the following link: Issue page

The prospectus, containing complete terms and conditions and instructions, is available on the Company’s, the issuing agent’s and Naventus’ respective websites (www.insplorion.com, www.hagberganeborn.se, www.naventus.com). The prospectus will also be available on the Swedish Financial Supervisory Authority’s website www.fi.se. Application forms will be available on the Company’s, Hagberg & Aneborn’s and Naventus’ respective websites. Application forms can be obtained by contacting the issuing agent Hagberg & Aneborn Fondkommission AB on telephone number +46 8 408 933 50 or email info@hagberganeborn.se.

Naventus Corporate Finance AB is financial advisor and Fredersen Advokatbyrå AB is legal advisor to Insplorion in connection with the Rights Issue. Hagberg & Aneborn Fondkommission AB is the issuing agent in connection with the Rights Issue.

For further information, please contact:
Johan Rask, CEO, Insplorion
Tel: +46 708 94 60 60
E-post: johan.rask@insplorion.com

Per Giljam, CFO, Insplorion
Tel: +46 734 23 50 10
E-post: per.giljam@insplorion.com

Important information
The publication, announcement or distribution of this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release in the jurisdictions where this press release has been published, announced or distributed should inform themselves about and observe such restrictions. This press release does not constitute an offer or an invitation to acquire or subscribe for any securities in the Company in any jurisdiction. Any invitation to the persons concerned to participate in the Rights Issue will only be made through the EU growth prospectus that the Company publishes in connection with the Rights Issue.
This press release does not constitute an offer or invitation to acquire or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration, or an exemption from registration, under the U.S. Securities Act of 1933, as amended. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, in or into the United Kingdom, the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, South Korea, Russia, Belarus or any other jurisdiction where such announcement, publication or distribution of this information would be contrary to applicable laws and regulations.
This press release is not a prospectus under Regulation (EU) 2017/1129 (the "Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. Within the European Economic Area, there is no public offering of securities in any country other than Sweden. In other member states of the European Union, such an offer can only be made in accordance with exemptions in the Prospectus Regulation.
This press release contains certain forward-looking information that reflects the Company's current view of future events and financial and operational development. Words such as "intend", "expect", "anticipate", "may", "plan", "believe", "estimate" and other expressions that imply indications or predictions of future developments or trends, and that are not based on historical facts, constitute forward-looking information. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they depend on future events and circumstances. Forward-looking information is not a guarantee of future results or developments, and actual outcomes may differ materially from those expressed in forward-looking information.

About Insplorion
Insplorion’s vision is to use sensor technology for an accelerated transition to a sustainable future. Wit its unique sensor platform NanoPlasmonic Sensing (NPS), Insplorion operates within two fields; hydrogen sensors and research instruments. The hydrogen sensors enable safe and efficient deployment of hydrogen infrastructure through its unique benefits in detection speed, selectivity and ability to function in environments where many sensor technologies cannot. Our instruments give scientists around the world real time data within battery research and surface processes in fields like catalysis, material- and life science. Naventus Corporate Finance AB is Insplorion's Certified Adviser on Nasdaq First North.

Insplorion AB│ Arvid Wallgrens backe 20 │413 46 Göteborg│ Sweden │ 46-(0)31 380 26 95 │ www.insplorion.cominfo@insplorion.com

About Naventus Corporate Finance
Naventus is a corporate finance company and transaction manager based in Stockholm and provides financial advice on private and public capital raising, IPO's and M&As. Furthermore, the company provides Corporate Access services such as Equity Research, Certified Adviser and Naventus Summits. Naventus focuses on three sectors: Renewables, Technology and Healthcare. The team has a proven track record and strong placement power through an extensive network of institutions, asset managers, family offices and HNWIs. Naventus is authorized and regulated by the Swedish Financial Supervisory Authority and authorized by Nasdaq to act as a Certified Adviser.

Naventus Corporate Finance│ Nybrogatan 6│114 34 Stockholm │ Sweden │ 46-(0)8 660 90 91 │ info@naventus.com

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