Crunchfish announces last day of trading in warrants series TO 11
Crunchfish AB (“Crunchfish” or the “Company”) announces that the last day of trading of warrants series TO 11 is today, May 27, 2025. The exercise period for the warrants runs until May 30, 2025. One (1) warrant series TO 11 entitles the holder to subscribe for one (1) new share in Crunchfish at an exercise price of SEK 0.63 per share.
If all warrants are exercised for subscription of shares, Crunchfish will receive approximately SEK 5.6 million before issue costs. Warrants that have not been exercised on or before May 30, 2025, expire without value. Holders who do not wish to exercise their warrants must sell them no later than today, May 27, 2025.
Important information: Subscription and payment for the new shares should take place in good time before May 30, 2025, as different nominees have different processing times.
Terms for the warrants
- Terms: One (1) warrant series TO 11 entitles the holder to subscribe for one (1) newly issued share in Crunchfish.
- Exercise price: SEK 0.63 per new share.
- Exercise period: May 16 – May 30, 2025.
- Last day of trading in warrants: May 27, 2025.
- Payment: At time of exercise.
Exercise of warrants
Exercise of nominee-registered warrants
Holders of warrants who have their holdings nominee-registered (holdings in securities custody services, investment savings accounts (ISK) or endowment insurances) must notify the exercise of warrants by contacting their respective nominee and follow the nominee’s instructions regarding subscription and payment. This should take place well before May 30, 2025, as different nominees have different processing times.
Exercise of directly registered warrants
Holders of warrants who have their holdings directly registered (holdings on a VP account) must notify the exercise of warrants by completing and submitting an application form for the exercise, so that the application form is received by the issuing agent, Nordic Issuing, no later than May 30, 2025. The application form is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites (www.crunchfish.com, http://www.nordic-issuing.se, http://www.vhcorp.se). Please note that payment for the new shares must be received by Nordic Issuing no later than May 30, 2025, in accordance with the instructions on the application form.
Outcome and delivery of new shares
The outcome of the exercise of warrants will be published via a press release on or around June 3, 2025. Shares that have been subscribed and paid for may be registered on the subscriber’s securities depository as interim shares (IA) until registration of the issue has been completed with the Swedish Companies Registration Office, whereupon the interim shares automatically will be converted into ordinary shares in Crunchfish.
IMPORTANT INFORMATION
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, warrants or other securities in Crunchfish. An offer to concerned persons to subscribe for units consisting of shares and warrants series TO 11 in Crunchfish has only been made through the prospectus that Crunchfish published on November 1, 2024.
For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 27st May 2025 at 09:15 CET.
Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.
About Crunchfish – crunchfish.com
Crunchfish is a deep fintech company pioneering a Digital Cash solution that enhance resilience, flexibility, and scalability in payment ecosystems. The patented offline payment architecture supports both payment network providers and payment service providers in modern commercial payment systems and evolving CBDC initiatives. Headquartered in Malmö, Sweden, Crunchfish drives innovation to shape the future of payments.
