March 18, 2025
Huddly AS – Share capital increase registered
Oslo, 18 March 2025: Reference is made to the stock exchange announcement published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 7 March 2025, regarding the final results in the subsequent repair offering (the "Subsequent Repair Offering") where a total of 2,500,000 new shares in the Company (the "Offer Shares") were subscribed for and allocated at a subscription price of NOK 10 per Offer Share, and the Company's board of directors' resolution on the share capital increase pertaining to the Subsequent Repair Offering.
The share capital increase pertaining to the Subsequent Repair Offering has been registered with the Norwegian Register of Business Enterprises today. The Company's new share capital is NOK 1,303,955.0625, divided into 20,863,281 shares, each with a nominal value of NOK 0.0625 and carrying one voting right.
The Offer Shares will be registered in the Norwegian central securities depository, Euronext Securities Oslo ("VPS") in book-entry form and are expected to be delivered to the subscribers' VPS account and be tradable on Euronext Growth Oslo on or about 19 March 2025.
Contacts
For more information, please contact:
Jon Øyvind Eriksen, chair of the board of directors, +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 section 3.11.5 (3) of 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.