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Alligator Bioscience AB (publ)’s (“Alligator” or the “Company”) rights issue of units (the “Rights Issue”) has now been registered with the Swedish Companies Registration Office (Sw. Bolagsverket) and paid subscribed units (Sw. betald tecknad unit, BTU) will thus be replaced by ordinary shares and warrants series TO 6. The last day for trading with BTU is 12 June 2023 and new shares and warrants are expected to be booked into the respective custodian/VP account on 16 June.
Through the Rights Issue, which ended on 12 May 2023, Alligator received approximately SEK 181 million before deduction of issue costs, and if all warrants series TO 6 that are issued in the Rights Issue are exercised in full, Alligator will receive additional gross proceeds of at least approximately SEK 20 million before deduction of issue costs.
The Rights Issue has now been registered with the Swedish Companies Registration Office and paid subscribed units (BTU) will be replaced by ordinary shares and warrants series TO 6. The last day for trading with BTU on Nasdaq Stockholm is 12 June 2023, and the stop date with Euroclear Sweden AB is 14 June 2023, whereafter shares and warrants will be booked in each shareholder’s VP account/depository on 16 June 2023. The warrants will be traded with ISIN code SE0020179653 and the first day of trading is expected to be 14 June 2023.
As a result of the Rights Issue, Alligator’s share capital increases by SEK 25,791,420.224 to a total of SEK 39,969,642.816 and the total number of shares increases by 402,990,941 shares to a total of 624,525,669 shares, whereof 623,575,819 are ordinary shares and 949,850 are series C shares. Upon full utilization of all the 402,990,941 warrants TO 6 issued in the Rights Issue, the share capital will increase additionally by a maximum of SEK 3,223,927.488 to SEK 43,193,570.304 through the issuance of a maximum of 50,373,867 new ordinary shares, resulting in that the total number of shares in the Company will increase further from 624,525,669 to 674,899,536, whereof 673,949,686 are ordinary shares and 949,850 series C shares.
DNB Markets, a part of DNB Bank ASA, Sweden Branch and Redeye AB act as Joint Global Coordinators in connection with the Rights Issue. Setterwalls Advokatbyrå AB acts as legal adviser to Alligator in connection with the Rights Issue. Aktieinvest FK AB acts as the issuing agent in connection with the Rights Issue.