Inbjudan till teckning av Units i Eyeonid Group AB (Publ.)

Rights issue Nov 26th - Dec 10th

Eyeonid Group AB takes in SEK 50 million in a share issue to develop its business towards new markets.
“We want to develop new legs of the business and seriously get into the B2B segment, but we need capital to increase visibility as well as strengthen our position as a market leader. There are many companies and organizations that would benefit from an increased knowledge of cyber security, and we will be able to contribute with both package solutions and education.”

Read or watch the entire interview with Patrik Ugander, CEO Eyeonid here: corfind.com/eyeonid/

All information about Offer and registration can be found at
Mangold
Corfind

The Offering

Issue size: Rights issue of approximately MSEK 50.

Preferential right: Each share held in Eyeonid on the record date (November 22) entitles to one (1) unit right. Three (3) unit rights entitles to subscribe for one (1) unit.

Subscription price: SEK 2.30 per unit, corresponding to SEK 1.15 per share. The warrants are issued free of charge.

Unit: One (1) unit consists of two (2) shares and one (1) warrant of series TO5.

Warrants of series TO5: One (1) warrant of series TO5 entitles the holder to subscribe for one (1) new share during the period June 1 to June 12, 2020. The subscription price for the warrants amounts to the volume weighted average price of the company share during the period from May 13 to May 27, 2020, with a discount of 30 percent. However, the subscription price cannot be lower than SEK 1.15 or higher than SEK 2.30.

Level of underwriting: The offer is underwritten to 80 percent.

Important dates
DateDescription
November 26, 2019Subscription period starts
December 06, 2019Last day of trading with subscription rights
December 10, 2019Subscription period ends
December 13, 2019Indicative date of publication of issue result
Documents and forms
DescriptionDownload
Eyeonid Group AB (publ) - Tilläggsprospektdownload
Eyeonid Group AB (publ) - Prospektdownload
Eyeonid Group AB (publ) - Teaserdownload
Eyeonid Group AB (publ) - Teckning med företrädedownload
Eyeonid Group AB (publ) - Teckning utan företrädedownload
Brief about Eyeonid

Eyeonid create and develop proactive security solutions against cybercrime and Identity fraud. Eyeonid offer an advanced IT security platform that has identified hundreds of digital ID documents allow users to choose which documents they want to secure and monitor. This includes e-mail address, credit card number and password. The company use so-called "scraping" of data to detect anomalies and in turn alert the user as well as provide recommended preventive measures when potential threats occur.

Business Concept

Eyeonid develops, sells and implements custom security solutions for ID monitoring to business partners, primarily within insurance, banking and finance, telecom and the e-commerce industry. Through the Company's technologically advanced platform Eyeonid offers tailor-made comprehensive solutions that can be effectively integrated with customers' existing and newly developed product offerings. The solutions help the end user to protect digital ID documents and personal information from leaking on the web. The Company uses so-called advanced "scraping" of data from various Internet sources and then processes the collected data with the aim of developing and creating proactive identity protection and ID surveillance services on the Internet. With their in-house developed EyeOnID platform, Eyeonid has developed a number of services that jointly create proactive security solutions that not only detect potential threats to personal digital ID documents, but also classify these and prevent future leaks. The company's products contribute to that both the costs of the customers and the end user decrease and to a safer web environment.

Vision

The Company's services shall be a natural part of the technical security solution for all types of organizations that handle some kind of sensitive identity related data. With a wide range of customizable package solutions, the Company shall be able to offer efficient and secure services on a large scale.

Company overview

Eyeonid Group AB (publ), corporate registration number 559005-9415, LEI code 549300G0YWS61EEZQE20, is a Swedish public limited company formed on February 18, 2015 and registered with the Swedish Companies Registration Office on March 2, 2015. The company's operations are conducted in accordance with the Companies Act (2005: 551) and follows the regulations for Nordic Growth Market and Nordic MTF. In addition to the aforementioned regulations, Eyeonid does not follow any regulations specific to the Company's main operations. The Board has its seat in Stockholm. Eyeonid's legal structure consists of a group of five companies where Eyeonid Group AB (publ) is the parent company of the four wholly owned subsidiaries Eyeonid Inc., EyeOnText BVBA, Eyeonid SIA and EyeonID Intressenter AB (dormant). Eyeonid conducts the main development of the services, production and administration from Stockholm.

Disclaimer

This offering and its related information is not directed to persons located in the United States, Australia, Hong Kong, Canada, Nya Zeeland, South Africa, Switzerland, Singapore and Japan - or in any other country where the offer or sale of shares is not permitted. In addition, the information on the website may not be publicly released, published or distributed, directly or indirectly, in or into, in the United States, Australia, Hong Kong, Canada, Nya Zeeland, South Africa, Switzerland, Singapore and Japan - or any other country where such action is wholly or partially subject to legal restrictions or where such action should require additional prospectuses, other offer documentation, registrations or other actions in addition to what follows from Swedish law. Nor may the information on the website be forwarded, reproduced or disclosed in such a manner that contravenes such restrictions or should require such additional prospectuses, other offer documentation, registrations or other actions. Notification of subscription of units in contravention of the above may be considered invalid and left unchecked. The shares covered by the Offer in accordance with the current Prospectus / Investment Memorandum have not and will not be registered under the United States Securities Act of 1933 in effect or in accordance with applicable law in the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Switzerland, Singapore or South Africa and may not be offered or transferred, directly or indirectly, to a resident of any of these countries.