Goodbye Kansas Group AB (“Goodbye Kansas” or the “Company”) has conducted a rights issue of units, consisting of shares and warrants of series TO 3 (the “Rights Issue”) which was completed on December 20, 2023. In total, approximately 65 percent of the Rights Issue was subscribed for with and without support of unit rights and underwriting guarantors were allotted approximately 35 percent of the Rights Issue. Thus, a total of 554,315,075 shares and 554,315,075 warrants of series TO 3 have been issued. Goodbye Kansas will through the Rights Issue receive gross proceeds of approximately SEK 55.4 million before set-off of receivables and transaction costs. The Rights Issue has now been registered with the Swedish Companies Registration Office. The last day of trading in BTU is Monday, January 15, 2024. The record date for the conversion is Wednesday January 17, 2024, afterwards the BTU will be converted to shares and warrants of series TO 3. Newly issued shares and warrants of series TO 3 in the Rights Issue are expected to be available on the subscribers depository/securities account on Friday, January 19, 2024. The first day of trading in newly issued shares and warrants of series TO 3 is Friday, January 19, 2024.

Summary of terms and conditions for warrants of series TO 3
Seven (7) warrants of series TO 3 entitles the holder thereof to subscribe for one (1) new share in the Company at a strike price corresponding to 75 percent of the volume-weighted average price of the Company's share during the period from and including April 16, 2024, until and including April 29, 2024, but not less than SEK 0.10 and not more than SEK 0.20. The warrants of series TO 3 can be exercised for subscription for shares during the period from and including May 2, 2024, up to and including May 16, 2024.

ISIN codes
ISIN code for BTU: SE0021149440
ISIN code for shares: SE0020179158
ISIN code for warrants of series TO 3: SE0021149424

Advisors
Goodbye Kansas Group has engaged Hagberg & Aneborn Fondkommission AB as financial advisor and Advokatfirman Schjødt as legal advisor in connection with the Rights Issue.

For more information, please contact:
Stefan Danieli, DEO of Goodbye Kansas Group
E-mail: stefan.danieli@goodbyekansas.com
Tel: +46 701 98 10 49

Goodbye Kansas Group
Goodbye Kansas Group AB (publ) is a leading supplier of technology-driven visual content. Goodbye Kansas Group is headquartered in Stockholm and its shares are listed on the Nasdaq First North Growth Market with Carnegie Investment Bank AB (publ) as Certified Adviser.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and persons in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Goodbye Kansas in any jurisdiction, either from Goodbye Kansas or from anyone else.

This press release is not a prospectus according to the definition in Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. Any purchase of Units of Goodbye Kansas in the Rights Issue should only be made on the basis of the information contained in the formal prospectus issued in connection with the Rights Issue, which was approved by the Swedish Financial Supervisory Authority on 5 December 2023.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 ("Securities Act"), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.


Forward-looking statements
This press release contains forward-looking statements related to the Company's intentions, estimates or expectations with regard to the Company's future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as "believes," "expects," "anticipates," "intends," "estimates," "will," "may," "implies," "should," "could" and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nasdaq First North Growth Market Rulebook.

Attachments

Goodbye Kansas Group AB: Conversion of paid subscribed units (BTU)

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