Within the private placement were received subscriptions from 35 natural and legal investors, for the 819,408 shares remaining unsubscribed after Stage 1 at the price of RON0.6 per share.
Within Stage 1, carried out between January 27 and February 25, 2021, a total 17.4 million new shares (95.49% of the total) were subscribed at the price of RON0.59 per share.
During the two stages of the capital increase operation, the 18.2 million new shares were subscribed, namely, 100% of the issue, and the company raised a financing amounting to RON10.7 million.
In the next period, the company will continue the process of registering the new share capital increased at the Trade Register, FSA and the Central Depository, as well as the formalities for admission to trading for the allocation rights: BNETR09. The allocation rights (DAs) BNETR09 will be trading after receiving the approvals from FSA and BSE and will remain on the capital market until the registration of the coordinates of the increased capital. At the end of the trading period of the DAs, BNETR09 rights holders will be allocated one BNET share for each right held.
Bittnet, with a market value of RON163.5 million, is 13.4% held by Mihai Logofatu and 12.15% owned by Cristian Logofatu, the founders of the company.
BNET shares have been trading up 3.5% since the beginning of 2021, amid deals worth RON13.8 million, per stock market data.