Warrants of series TO5 were subscribed for to approximately 1.2 percent and JonDeTech will receive approximately SEK 0.3 million
THE INFORMATION IN THIS PRESS RELEASE MAY NOT BE ANNOUNCED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED KINGDOM OR ANY OTHER JURISDICTION WHERE THE RELEASE, PUBLICATION OR DISTRIBUTION OF THE INFORMATION WOULD BE CONTRARY TO OR REQUIRE REGISTRATION UNDER APPLICABLE REGULATIONS.
JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") today announces the outcome of the exercise of the warrants of series TO5, which were issued in connection with a rights issue in the Company during the second quarter of 2026. In total, 508,727 warrants of series TO5 were exercised, corresponding to approximately 1.2 percent of the outstanding warrants of series TO5, for subscription of 508,727 shares at a subscription price of SEK 0.60 per share. Through the exercise of the warrants of series TO5, JonDeTech will receive approximately SEK 0.3 million before issue costs.
Background
The exercise period for the warrants of series TO5 took place during the period from and including October 26, 2026, up to and including November 9, 2026. The subscription price per share upon exercise of the warrants of series TO5 amounted to SEK 0.60.
In total, 508,727 warrants of series TO5 were exercised for subscription of 508,727 shares, which means that approximately 1.2 percent of the outstanding warrants of series TO5 were exercised for subscription of shares. Through the exercise of the warrants of series TO5, JonDeTech will receive approximately SEK 0.3 million before issue costs.
Exercised warrants have been replaced with interim shares (IA) pending registration with the Swedish Companies Registration Office. The conversion of interim shares into shares is expected to take place within two (2) weeks.
Number of shares, share capital and dilution
Through the exercise of warrants of series TO5, the number of shares in JonDeTech increases by 508,727 shares, from 99,577,003 shares to 100,085,730 shares. The share capital increases by SEK 95,640.676, from SEK 18,720,476.564 to SEK 18,816,117.240.
For existing shareholders who have not exercised any warrants of series TO5, the dilution amounts to approximately 0.5 percent of the number of shares and votes in the Company.
Advisors
Mangold Fondkommission AB is the financial advisor and Eversheds Sutherland Advokatbyrå is the legal advisor to JonDeTech in connection with the redemption of the warrants of series TO5.
For more information, please contact:
Jonas Wærn, CEO
tel: +46 70 322 86 63
jonas.waern@jondetech.com.
About JonDeTech
JonDeTech is a high-tech Swedish company that develops digital and analogue heat sensors for measuring Core Body Temperature (CBT). The company's patented sensor technology combines very small size with high precision and low energy consumption, enabling integration into high-volume products such as wearables, medical sensors and other consumer products. The technology is developed to enable continuous body temperature monitoring in mass-produced consumer products, which is the next big technological step in digital health and wearables when body temperature data becomes as obvious as heart rate measurement. JonDeTech works through a global network of distributors and partners with the goal of delivering sensors to the world's leading players in consumer electronics and digital health.
The company is listed on NGM Growth Market.
Read more on www.jondetech.com
Important information
The publication, publication or distribution of this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release in the jurisdictions in which this press release has been published, published or distributed should inform themselves of and comply with such restrictions. This press release does not constitute an offer, or a solicitation of any offer, to acquire or subscribe for any securities in JonDeTech in any jurisdiction.
This press release does not constitute an offer or solicitation of any offer to buy or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration, or without the application of an exemption from registration, under the U.S. Securities Act of 1933, as amended. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, in or into the United States, Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, the United Kingdom, South Africa, South Korea or any other jurisdiction where such release, publication or distribution of this information would be in violation of applicable laws and regulations. Actions in violation of this instruction may constitute a violation of applicable securities laws.