Arcane Crypto

News

Here you can find our press releases. press releases published by Vertical Ventures prior to the Reversed Acquisition of Arcane can be found in our archive. (Only available in Swedish)

2021-02-26

Arcane Crypto AB has published an updated company presentation, to be presented in the webcast with CEO Torbjørn Bull Jenssen today at 10.00am CET Investors, analysts, and media are invited to follow the webcast.

2021-02-26
Regulatory

The report, which can be found at https://investor.arcanecrypto.se/, provides details of the Company's financial performance throughout 2020. Additionally, in connection with the acquisition of Arcane Crypto AS the company entered a re-listing process at Nasdaq First North. The re-listing process was successfully completed, and the company received a preliminary approval from Nasdaq on December 4th, 2020. Arcane Crypto AS was formally acquired on January 11th, 2021 and hence not being consolidated in these numbers. Except for in the section regarding significant events post the balance sheet date, the CEO comments and information on group structure and operations, this report does not contain information related to Arcane Crypto AS and its business.

2021-02-18
Regulatory

Arcane Crypto AB ("Arcane Crypto" or the "Company") has on 17 February 2021, through a press release, announced that the Company has signed a binding application agreement with two potential investors following a previously announced non-binding term sheet. Arcane Crypto's board of directors has now, pursuant to the authorization granted by the Company's extraordinary general meeting held on 11 January 2021, resolved on and carried out a directed issue of 99,000,000 shares (the "Share Issue") and a directed issue of 49,500,000 warrants of series 2021/2022 (the "Warrant Issue") to the investors Lucerne Capital Management, L.P and Klein Invest AS (the "Directed Issues"). Each (1) warrant of series 2021/2022 entitles the holder to subscribe for one (1) new ordinary share in the Company during the period commencing when the warrants are registered with the Swedish Companies Registration Office up to and including 16 February 2022. The subscription price per share exercised through a warrant of series 2021/2022 is SEK 0.50. Through the Directed Issues Arcane Crypto may, upon full exercise of the warrants, receive proceeds amounting to maximum approximately SEK 74.25 million before deduction of transaction costs.

2021-02-17
Regulatory

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

On 16 February 2021, Arcane Crypto AB ("Arcane Crypto" or the "Company") announced through a press release that the Company had entered into a non-binding term sheet with Lucerne Capital Management, L.P ("LCM") and Klein Invest AS ("Klein Invest") regarding an issue of new shares and warrants in the Company. Today LCM and Klein Invest have entered into an application agreement regarding the subscription of such shares and warrants (the "Application Agreement").

2021-02-16
Regulatory

Arcane Crypto AB ("Arcane Crypto" or the "Company") has today, 16 February 2021, signed a non-binding term sheet with two potential investors, with the following key terms.

2021-02-09

Arcane Crypto AS ("Arcane") increases its ownership in Puremarkets Limited ("Puremarkets") to 37.5%.

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