Nordic Technology Group AS Completes Private Placement and Share Capital Increase

Nordic Technology Group AS has successfully completed its private placement of new shares, issuing 70,900,000 new shares at a subscription price of NOK 1 per share. The extraordinary general meeting held on 25 June 2025 approved the issue of new shares and granted the board authorisations to resolve the necessary share capital increases. Following the registration of the share capital increase with the Norwegian Register of Business Enterprises, the company's share capital stands at NOK 600,935.09, divided into 141,820,680 shares, each with a nominal value of NOK 0.00423728813559322.

Key Takeaways:

• The private placement resulted in the issuance of 70,900,000 new shares at a subscription price of NOK 1 per share.
• The share capital increase has been registered with the Norwegian Register of Business Enterprises, increasing the company's share capital to NOK 600,935.09.
• The board of directors has resolved to issue 3,345,000 new guarantee shares to certain investors in the private placement.
• The guarantee shares are part of the same announcement as the private placement, dated 10 June 2025 (Source 1).
• The company has not yet completed the issuance of new guarantee shares, which will be updated on the market when completed.

Statistics:

• 70,900,000 new shares issued in the private placement (Source 1).
• Share capital increase of NOK 600,935.09 (Source 1).
• Nominal value of each share: NOK 0.00423728813559322 (Source 1).
• Total shares outstanding: 141,820,680 (Source 1).
• Number of new guarantee shares to be issued: 3,345,000 (Source 1).

Sources:

• Stock exchange announcement by Nordic Technology Group AS on 10 June 2025 (Source 1).