Record dates for allotment of warrants of series TO4 B and TO5 B have been set to May 5 and May 14, 2021, respectively

As Terranet AB (”Terranet” or the ”Company”) communicated on April 22, 2021, the board of  directors decided to issue warrants of series TO4 B and TO5 B (the “Warrants”) to the current  shareholders of Terranet who, on each record date, holds shares in the Company. The Warrants were  issued as part of the financing arrangements in relation to the acquisition of approximately 11% of the  high-tech AR/VR company holoride.  

The record date to receive warrants of series TO4 B has been set to May 5, 2021. Therefore, the last  day of trading in the Company’s share including the right to receive warrants of series TO4 B is May 3,  2021, and the first day of trading in the Company’s share excluding the right to receive warrants of  series TO4 B is May 4, 2021. Shareholders of Terranet will receive one (1) warrant of series TO4 B for  every thirty-seven (37) shares held on the record date. A total of 7,159,817 warrants of series TO4 B  will be issued to shareholders of Terranet. 

The record date to receive warrants of series TO5 B has been set to May 14, 2021. Therefore, the last  day of trading in the Company’s share including the right to receive warrants of series TO5 B is May  11, 2021, and the first day of trading in the Company’s share excluding the right to receive warrants of  series TO5 B is May 12, 2021. Shareholders of Terranet will receive one (1) warrant of series TO5 B for  every forty-three (43) shares held on the record date. A total of 6,160,773 warrants of series TO5 B  will be issued to shareholders of Terranet.  

The full terms for the Warrants will be available at the Company’s website: www.terranet.se. 

Information and terms for the Warrants  
Warrants of series TO4 B  

In total 14,319,634 warrants of series TO4 B will be issued, of which 7,159,817 warrants will be issued  to the lender Formue Nord Fokus A/S and 7,159,817 warrants will be issued to shareholders of the  Company. 

Each warrant of series TO4 B entitles the owner to subscribe for one (1) new share in the Company for  a price of 70 percent of the volume weighted average price of the Company’s share on Nasdaq First  North Premier Growth Market during the period commencing February 11, 2022, up until and including the February 24, 2022, however not higher than SEK 3.60 and not less than the quota value  of the Company’s share. The subscription period for the subscription of shares through exercise of  warrants of series TO4 B will run from February 28, 2022, up until and including March 11, 2022.