In connection with the initial public offering of the shares in Mentice and the admission to trading of the shares on Nasdaq First North Premier on 18 June 2019 (the ”Offering”), Priveq Investment granted Pareto Securities to purchase an additional of up to 1,263,112 shares in the Company, corresponding to a maximum of 15.0 percent of the number of shares in the Offering, exercisable in whole or in part within 30 calendar days from the first day of trading on Nasdaq First North Premier. Pareto Securities have now exercised the over-allotment option in full.
Following the exercise of the over-allotment option, Priveq Investment will hold 1,196,059 shares in Mentice, corresponding to an ownership of 5.0 percent of the total number of shares in the Company.
More information is found in the PDF below and on Mentice’s website.