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An announcement from Harmonychain AS ( (DE:7EW) ) is now available.
Lokotech Group AS has set the exercise terms for 54,908,272 warrants issued in connection with its earlier NOK 139 million rights issue, fixing the subscription price for new shares at NOK 0.6063 each. Each warrant entitles its holder to subscribe for one new share, and the pricing reflects a formula based on a discount to the recent volume-weighted average trading price with a minimum floor.
The exercise period will run from 1 April 2026 to 15 April 2026, with the warrants trading only until 9 April 2026 before becoming non-tradeable. Holders who neither sell their warrants by the trading deadline nor exercise them by the final exercise date will see their instruments lapse without compensation, putting time pressure on investors to act within the defined window.
More about Harmonychain AS
Lokotech Group AS, listed on Euronext Growth Oslo, operates in the technology and cryptocurrency-related hardware segment through its association with Harmonychain AS. The company focuses on developing and commercialising specialised computing solutions, including equipment used for blockchain and high-performance computing applications, targeting investors seeking exposure to digital infrastructure and related technologies.
Average Trading Volume: 3,381,988
Current Market Cap: NOK564.5M
For an in-depth examination of 7EW stock, go to TipRanks’ Overview page.