This press release is an English version of the previously published Swedish version, which has interpretive precedence.
Smoltek Nanotech Holding AB (publ) ("Smoltek" or "the Company") announces that an additional portion of the convertible loan with a nominal amount of SEK 20 million, which was issued in accordance with a resolution from the extraordinary general meeting on January 9, 2025, has been converted into shares in the Company. The total amount converted amounts to approximately SEK 100,000. The conversion has been carried out in accordance with the established terms and conditions for the convertible loan.
A total amount of SEK 100,000 has been converted into shares in Smoltek, which results in an increase in the number of shares in the Company by 303,030 and an increase in the share capital by SEK 36,099. After the conversion, the Company's share capital amounts to SEK 21.574.383,240936 and the number of shares in Smoltek to 181,102,155. The conversion rate for the convertible loans amounts to SEK 0.33 per share.
The convertible bond holders have the option to convert their convertible bonds into shares up to and including January 31, 2027.