GlobeNewswire·Nov 11, 2026, 5:30 PM ET

INQ Group AB (publ) converts SEK 7 million of convertible debt into equity and issues shares and warrants

INQ Group AB announced the full conversion of a SEK 7,000,000 tranche into 43,750,000 ordinary shares at a price of SEK 0.16 per share via set-off.
The Board resolved to issue 10,034,403 new ordinary shares at SEK 0.1744 per share to settle a trade payable, also via set-off with no cash outflow.
Approximately USD 1.55 million in convertible principal remains outstanding following the conversion.
A directed issue of 21,875,000 warrants was approved, with 4,375,000 issued to the investor & 17,500,000 issued for the trade payable settlement.
Each warrant entitles the holder to subscribe for one share at SEK 0.32 per share over a 24-month period & was issued free of charge.
Total new ordinary shares issued amount to 53,784,403, increasing the total share count from 1,959,918,264 to 2,013,702,667.
The share issuance results in a dilution of approximately 2.7% or 3.7% when including full warrant exercise.
All resolutions were adopted under authorisation from the Extraordinary General Meeting on 30 October 2026.