Saltx is obliged to reduce the maximum amount at issue



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Saltx reduces the maximum amount of its proposed rights offering to SEK 80.6 million, compared to SEK 105.5 million previously.

The subscription price is SEK 5.50 per unit, which corresponds to a subscription price of SEK 5.50 per share. According to previous proposals, the subscription price was SEK 9 per share.

"The financial climate has drastically deteriorated over the past week due to the fall of the global stock markets, so under the current circumstances, we are very grateful for the continued confidence and commitment. major shareholders to implement the problem of EnerStore, our large-scale energy storage solution, "says Åke Sund, president of Saltx, in a press release.

The rights issue is still fully secured by subscriptions from the main shareholders, Industrivonden and Skirner, as well as guarantees provided by a consortium of guarantees.

The new conditions are that the issue does not cover more than 14.6 million units. A unit includes one (1) Series B and one (1) warrants of the OP6 series.

Existing shareholders receive one (1) unit entitlement for each (1) share held on the record date. Four (4) unit rights entitle the holder to subscribe for one (1) unit in the issuance of rights.

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