January 30, 2025
Huddly AS – Registration of reverse share split
Oslo, 30 January 2025: Reference is made to the stock exchange announcement published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 24 January 2025, regarding, inter alia, a resolution for a share capital increase in order to facilitate a reverse share split whereby 100 existing shares, each with a nominal value of NOK 0.000625, are consolidated to one share, with a nominal value of NOK 0.0625 (the "Reverse Share Split").
The Reverse Share Split has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 1,147,705.0625, divided into 18,363,281 shares, each with a nominal value of NOK 0.0625 and carrying one voting right.
Contacts
For more information, please contact:
Jon Øyvind Eriksen, chair of the board, +47 93 06 03 30, admin@sonstad.no
Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com
Disclosure
This information is subject to the disclosure requirements pursuant to Euronext Growth Oslo Rule Book – Part II and section 5-12 of the Norwegian Securities Trading Act.
About Huddly AS
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing technology and challenging the status quo in order to empower human collaboration. Combining our industry-leading expertise in artificial intelligence, software, hardware, and UX, we craft intelligent camera systems that enable inclusive and productive teamwork. Huddly cameras are designed to provide high-quality, AI-powered video meetings on major platforms, including Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable hardware, and engaging user experiences, they are the ideal choice for organizations seeking a future-proof, scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the US and EMEA and distribution globally.