Published: 14. November, 2022

The results of the rights issue announced on October 19, 2022 for which the…

The results of the rights issue announced on October 19, 2022 for which the subscription period ended on November 9, 2022 in Cessatech A/S, show that 721,991 Units, corresponding to approximately 47.3 percent of the Offering were subscribed for with subscription rights. In addition, notifications have been received to subscribe for 218,041 Units without the support of subscription rights, corresponding to approximately 14.3 percent of the Offering. The underwriters are therefore allocated approximately 18.5 percent of the Rights Issue, resulting in the Offering being 80 percent subscribed – in total approximately 80% as anticipated. The Company will receive total proceeds of approximately DKK 14.7 million before costs related to the Offering, and upon full exercise of warrants, Cessatech will receive additional proceeds of up to DKK 22 million before costs related to the Offering.

221114_Release_outcome of rights issue