Acast issues shares to the sellers of Wonder Media Network

Summary by AI ^BETAClose X

Acast AB has issued warrants to the sellers of Wonder Media Network following the achievement of performance criteria related to the acquisition completed on January 2, 2025. These warrants have been exercised, resulting in the subscription of 1,397,154 new shares in Acast. Consequently, the total number of shares and votes in Acast now amounts to 182,465,260, and the share capital has increased to SEK 1,183,152.371208. This action was authorized by the annual general meeting held on May 20, 2025.

Disclaimer*

As a part of fulfilling the commitments related to the acquisition of Wonder Media Network LLC (“Wonder Media”) which was completed on January 2, 2025 and since the performance criteria have been achieved, the board of directors of Acast AB (publ) (“Acast”) has resolved, by virtue of authorization from the annual general meeting held on May 20, 2025, to issue and transfer warrants in Acast to the sellers of Wonder Media. The warrants have been exercised for subscription of 1,397,154 new shares in Acast. Following the issuance of new shares, the total number of shares and votes in Acast amount to 182,465,260, respectively, and the share capital amounts to SEK 1,183,152.371208.

About Acast

Since 2014, Acast has been creating the world’s most valuable podcast marketplace, building the technology which connects podcast creators, advertisers and listeners. Its marketplace spans over 140,000 podcasts, 3,300 advertisers and one billion quarterly listens. Crucially, those listens are monetized wherever they happen - across any podcasting app or other listening platform.

The company operates worldwide and is headquartered in Stockholm, Sweden. Acast is listed on the Nasdaq First North Premier Growth Market (ACAST.ST). Certified Adviser is FNCA Sweden AB, info@FNCA. se.