Capital raise 2023

Fingerprints intends to issue convertible bonds for a total nominal amount of MSEK 160 (tranche 1) with an option of additional Convertible Bonds with a total nominal amount of MSEK 90 that can be exercised under certain conditions and if the Company so wishes (tranche 2). The Company has further resolved on a fully guaranteed rights issue of B-shares of approximately MSEK 180 and a rights issue of A-shares of approximately MSEK 3.4. The subscription period runs from 28 August 2023 – 11 September 2023.

The purpose of the transactions is to enable Fingerprints to finance an early redemption of its outstanding senior secured bond loan 2021/2024 and thereby gain increased financial flexibility with fewer restrictive financial commitments, and a stronger financial position. Thereby, the Fingerprints can focus on its operations and continue to implement its strategic plan with an increased focus on growth segments, improved diversification and increased gross margin as well as to selectively implement smaller acquisitions.