Anoto publishes prospectus
On 5 April 2023, Anoto announced that it is in late-stage discussions regarding a potential order of several hundred thousand pens and that the Board of Directors has resolved to carry out a directed share issue and a rights issue amounting to in total approximately SEK 40 million in order to finance a timely delivery of pens regarding the potential order and repay outstanding debt. At the Extraordinary General Meeting held on 4 May 2023 the directed issue and the rights issue was approved.
The prospectus has been prepared in connection with the admission to trading on Nasdaq Stockholm of 50 million ordinary shares issued with deviation of from the shareholders’ preferential rights, which have been offered Beof Company Ltd, and due to admission to trading on Nasdaq Stockholm of the 51,247,103 ordinary shares in the forthcoming rights issue as well as on a voluntary basis regarding the offer of shares within the rights issue (the “Prospectus”). The Prospectus has been approved and registered by the Swedish Financial Supervisory Authority, and is available on Anoto Group’s website, https://www.anoto.com/investors/financing-documents/. Within a couple of days the Prospectus will also be published in the Swedish Financial Supervisory Authority’s prospectus register, www.fi.se.
This press release was made public, through the agency of the persons below, at 6:15 PM CEST on 11 May 2023. This press release constitutes advertisement in accordance with article 2(k) in the prospectus regulation (EU) 2017/1129.
For further information, please contact:
Joonhee Won, CEO, Anoto Group AB (publ)
For more information about Anoto, please visit www.anoto.com or email ir@anoto.com
Anoto Group AB (publ), Reg.No. 556532-3929, Flaggan 1165, SE-116 74 Stockholm
About Anoto Group
Anoto is a publicly held Swedish technology company known globally for innovation in the area of information-rich patterns and the optical recognition of those patterns. It is a leader in digital writing and drawing solutions, having historically used its proprietary technology to develop smartpens and related software. These smartpens enrich the daily lives of millions of people around the world. Anoto currently has three main business lines: Livescribe retail, Enterprise Forms and OEM. Anoto also owns Knowledge AI, a leading AI based education solution company, as its majority-controlled subsidiary. Anoto is traded on the Small Cap list of Nasdaq Stockholm under ANOT.
Important information
This press release shall be considered advertisement in accordance with article 2(k) of the Prospectus Regulation (EU) 2017/1129 (the “Prospectus Regulation“). This press release is not and should not be considered a prospectus under the Prospectus Regulation. The Prospectus has been scrutinized and approved by the Swedish Financial Supervisory Authority. Such approval shall not be regarded as an approval of the company or as support for the securities offered and admitted to trading. The Prospectus contains a description of the risks and rewards associated with an investment in the company and potential investors are recommended to read the Prospectus in its entirety before making an investment decision. The complete Prospectus has been published and is available on the Company’s website, www.anoto.com and Hagberg & Aneborn’s website. Any potential investment decision should, in order for an investor to fully understand the potential risks and benefits associated with the decision to participate in the rights issue, be made solely on the basis of the information contained in the Prospectus. Investors are recommended to read the Prospectus in its entirety. This press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into the United States, Australia, Hong Kong, Japan, Canada, New Zealand, South Africa, or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations. No subscription rights, paid subscribed shares or shares in Anoto have been registered, or will be registered, under the U.S. Securities Act of 1933, as amended, or the securities laws of any state or other jurisdiction in the United States and no subscription rights, paid subscribed shares or shares may be offered, subscribed for, exercised, pledged, granted, sold, resold, delivered or otherwise transferred, directly or indirectly, in or into the United States.