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Harmonychain AS ( (DE:7EW) ) has shared an update.
Lokotech Group AS has opened the exercise period for 54,908,272 warrants issued in connection with its earlier NOK 139 million rights issue, allowing holders to subscribe for the same number of new shares at an exercise price of NOK 0.6063. The warrants can be traded only until 9 April 2026 and must be exercised by 15 April 2026, with unpaid or unexercised warrants lapsing without compensation and the resulting new shares expected to be listed on Euronext Growth Oslo once paid and registered.
The company has set a detailed timetable for allocation, payment and delivery of the new shares, with settlement scheduled through the Norwegian Register of Business Enterprises and VPS accounts later in April. The transaction, managed by Pareto Securities, will determine the final equity inflow from the warrant program and may influence Lokotech’s capital structure, trading liquidity and ownership composition as additional shares are admitted to trading on Euronext Growth Oslo.
More about Harmonychain AS
Lokotech Group AS is a Norwegian-listed company whose shares trade on Euronext Growth Oslo under the ticker LOKO. The company operates in the technology sector and finances its activities partly through equity issues and tradable warrants aimed at existing shareholders and market investors.
Average Trading Volume: 3,381,988
Current Market Cap: NOK564.5M
Find detailed analytics on 7EW stock on TipRanks’ Stock Analysis page.