Today is the first day of trading in Polymer Factory Sweden AB’s (“Polymer Factory” or the “Company”) shares and warrants. Polymer Factory’s shares are traded under the ticker “POLYMER” with ISIN SE0015244470 and the Company’s warrants are traded under the ticker “POLYMER TO 1” with ISIN SE0015557293.
Prior to listing at Spotlight Stock Market, Polymer Factory conducted a successful IPO which was subscribed to a total of approx. 687 percent (incl. pre-subscription) and provided the Company with initially approx. SEK 13 million (before issue costs).
The number of shares in Polymer Factory amounts to 6,859,198 and the share capital is SEK 685,919.80. In addition, there are a total of 568,066 outstanding warrants of series TO 1. The exercise period of the warrants is planned to take place between February 24, 2022 – March 17, 2022. Each warrant entitles the holder to subscribe for one new share in the Company at a price of SEK 9.10 per share. Upon full exercise of all attached warrants, Polymer Factory will receive approx. SEK 5.2 million before issue costs.
Polymer Factory has in connection with the issue of units appointed Sedermera Fondkommission as financial advisor, Markets & Corporate Law Nordic AB as the legal advisor, and Nordic Issuing as issuing agent.
You can find the full Press Release here: