Goobit Group proposes that the annual general meeting resolves on a rights issue of approximately 9,9 MSEK

Key Points:

• Proposed maximum increase in share capital: SEK 1,409,212.79
• Maximum number of new shares: 140,921,279
• Record date for participation: October 25, 2023
• Subscription period: October 27, 2023, to November 10, 2023
• Price per share: SEK 0.07
• Estimated total subscription amount: Approximately SEK 9,864,500 (before any costs)
• The annual general meeting resolving on the Rights Issue will be held October 17, 2023

Pre-emption Rights

Existing shareholders registered in the share register in Goobit Group on October 25, 2023, will have preferential rights to subscribe for new shares. One (1) existing share held on the record date will entitle to one (1) subscription right, which in turn entitles the holder to subscribe for one (1) new share.

Allocation of Shares

If not all new shares are subscribed for with pre-emption rights, the board of directors will determine the allocation of new shares in accordance with predefined criteria detailed in the notice to the general meeting and the official board's proposal.

Subscription and Payment Period

The subscription period will run from October 27, 2023, to November 10, 2023. Payments for new shares based on subscription rights can be made via cash or set-off against claims during this period. The board reserves the right to extend the subscription and payment period.

Participation by existing shareholders

The board has received an expressed willingness of existing shareholders to subscribe for shares in the Rights Issue, corresponding in total to approx. 60 percent of the estimated total subscription amount of the Rights Issue.

Dividend Eligibility

The new shares will entitle holders to dividends from the first record date for dividend payments following registration with the Swedish Companies Registration Office and recording in the share register kept by Euroclear Sweden AB.

Indicative timetable for the Rights Issue

2023-10-23 Last day of trading in the Goobit Group shares, including the right to receive subscription rights

2023-10-24 First day of trading in the Goobit Group shares, excluding the right to receive subscription rights

2023-10-25 Record date for the Rights Issue, i.e. shareholders who are registered in the share register as of this day will receive subscription rights

2023-10-26 Estimated date for publication of the memorandum for the Rights Issue

2023-10-27 – 2023-11-07 Trading in subscription rights

2023-10-27 – 2023-11-10 Subscription period

2023-10-27 - around week 48 Trading in paid subscribed shares

2023-11-14 Estimated date for publication of the final outcome of the Rights Issue

Additional Information

The complete terms for the proposal of the Rights Issue, required documents in accordance with the Swedish Companies Act and any for the Rights Issue relevant information regarding Goobit Group AB (publ) will be made available on the Company’s website not less than three weeks prior to the annual general meeting October 17, 2023.

For further information, please contact:
Christian Ander, CEO, Goobit Group AB
Email: ir@goobit.se

Certified Adviser:
Eminova Fondkommission AB | 08-684 211 10 | adviser@eminova.se

About BTCX | Goobit Group
Goobit Group AB (publ) launched the world's first still operating bitcoin exchange BTCX in 2012. It’s Sweden's leading bitcoin and educational company. The company offers exchange services from fiat currencies to bitcoin and has so far exchanged over 2.0 billion SEK. The company's best-known brands are BTCX Express and Standard Bitcoin Exchange (BTCX). In addition to exchange, the company also offers services in anti-money laundering (AML), through AML Desk, and compliance for virtual currencies and digital assets. Goobit Group AB (publ) was registered in 2013 and includes the fully owned subsidiaries Goobit AB, Goobit Blocktech AB and Goobit Exchange AB. Goobit AB services are aimed at private individuals, corporate customers and financial institutions.

For more information, see Goobit's website www.goobit.se

Important information

The information in this press release does not contain or constitute an offer to acquire, subscribe for or otherwise trade in shares, warrants, units or other securities in Goobit Group AB (publ), and investors shall not subscribe or acquire any securities other than on the basis of the information contained in the memorandum which Goobit Group is expected to publish on the company's website two weeks before the annual general meeting.

Neither subscription rights, unit rights, paid subscription units (“BTUs”), paid subscribed shares (“BTAs), newly issued shares or warrants have been recommended or approved by any US federal or state securities or regulatory authority. No subscriptions rights, unit rights, BTUs, BTAs, newly issued shares or warrants have been registered or will be registered under the United States Securities Act of 1933 as currently amended, or under any other applicable law of the United States, in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa or in any other country where the rights issue or distribution of the press release violates applicable laws or regulations or requires that additional investment memorandums be drawn up, registered or that some other action is taken in addition to what is required under Swedish law. Accordingly, the press release, as well as the memorandum, the subscription lists and other documents relating to the rights issue, may not be distributed to any such jurisdiction.

The company will not apply for approval of any offer to the public regarding the securities referred to in this press release.

Matters discussed in this announcement may constitute forward-looking statements that reflect Goobit Group’s current view of future events as well as financial and operational development. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will, “may”, “continue”, “should”, and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice. Goobit Group does not undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this communication other than mandatory under applicable law.