DLTx ASA announced that it has entered into a security purchase agreement for the issuance of 25,500,000 new shares at a price of NOK 1 per share at a price of NOK 25,500,000 on April 10, 2023. The transaction will include participation from Norwegian investors. The company will also issue to each subscriber 0.5 warrants, overall 12,750,000 warrants with an exercise price of NOK 0.60.

Each warrant shall when exercised give the right to receive one share in the company. The warrants must be exercised within 3 years from the settlement date. The issuance of the shares will be resolved by the board of directors on about 14 April 2023.

The transaction is subject to approval of the shareholders of the company in extraordinary general meeting of the company.