“During the third quarter of the year, we have worked goal-oriented on divesting portfolio companies, reducing indebtedness, and streamlining the business with a focus on AI. During the third quarter of the year, our efforts resulted in a turnaround...
The board of EPTI AB ("EPTI" or the "Company") has today decided to investigate the conditions for carrying out a directed issue of convertible bonds of up to SEK 35 million ("Convertible Issue") to Swedish and international investors. The proceeds are intended to be used as payment for investments by companies in artificial intelligence in accordance with EPTI's updated strategy and to strengthen the Company's financial position.
The Directed Convertible Issue is intended to be carried out with deviation from the shareholders' preemptive rights and with the support of approval or authorization from the general meeting.
The company will inform about the outcome of the Directed Convertible Issue in a press release when the market survey has been completed. This is expected to take place during the first half of 2023. The procedure may, if the Company so decides, be shortened or extended and may be interrupted at any time and the Company may thus fully or partially refrain from carrying out the Directed Convertible Issue.
For further information, please contact:
Arli Mujkic, CEO, EPTI AB
E-mail: [email protected]
Phone: +49 176 626 999 64
EPTI is an investment company focusing on artificial intelligence (AI). The company has a deep understanding of the latest AI technologies and actively guides its portfolio companies with implementation and development of AI-based services. The headquarters is located in Stockholm. EPTI's shares are listed on Nasdaq First North Growth Market and admitted to trading on Börse Frankfurt Open Market.
For more information, see EPTI’s website www.epti.com
The Company’s Certified Adviser is Eminova Fondkommission AB | +46 (0)8-684 211 00 | [email protected]