The Board of Directors' resolution means that the last day of trading in Goodbye Kansas share before the reverse share split will be on February 28, 2024, and the first day of trading in the share after the reverse share split will be on February 29, 2024. This means that the share price as of February 29, 2024, will reflect the effect of the reverse share split. As a result of the reverse share split, the shares in Goodbye Kansas will have a new ISIN code as of February 29, 2024: SE0021627353.
Shareholders will automatically receive a new, lower number of shares in proportion to the number of shares held on the record date. Shareholders whose holding of shares on the record date is not evenly divided by one hundred (100) will receive shares free of charge from Per Anders Wärn in order for the holding to be evenly divided by one hundred (100). Provision of shares is made through Euroclear Sweden AB, without the need for further measures to be taken by shareholders.
Following the reverse share split, the number of shares in the Company will decrease from 576,487,678 to 5,764,876, each share with a quota value of SEK 0.1.
Recalculation of terms and conditions for warrants of series TO3
According to the original terms and conditions for warrants of series TO3, seven (7) warrants of series TO3, during the period from and including May 2, 2024 up to and including May 16, 2024, entitle to subscription of one (1) new share in the Company at a strike price corresponding to seventy-five (75) percent of the volume-weighted average price paid for Goodbye Kansas share on Nasdaq First North Growth Market during the period from and including April 16, 2024 up to and including April 29 2024, but not less than SEK 0.10 and not more than SEK 0.20.
Due to the reverse share split that is being carried out, with the record date on March 1, 2024, the terms and conditions for the warrants of series TO3 will be subject to recalculation of the number of shares that each warrant of series TO3 entitles to subscription of. The recalculation results in seven hundred (700) warrants of series TO3 entitle the holder to subscribe for one (1) new share in the Company at a strike price corresponding to seventy-five (75) percent of the volume-weighted average price paid for Goodbye Kansas share on Nasdaq First North Growth Market during the period from and including April 16, 2024 up to and including April 29, 2024, but not less than SEK 10 and not more than SEK 20. Other terms and conditions for the warrants of series TO3 remain unchanged.
For more information, please contact:
Stefan Danieli, CEO 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 and develops solutions for visual effects (VFX), animation, game trailers and In-Game. The Group has some of the world’s leading entertainment companies as customers. Goodbye Kansas Group has its head office in Stockholm and is listed on Nasdaq First North Growth Market with Carnegie Investment Bank AB (publ) as Certified Adviser.
GOODBYE KANSAS GROUP AB 
