Arcane Crypto

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Notice of Extraordinary General Meeting in Arcane Crypto AB

The shareholders in Arcane Crypto AB, Reg. No. 556668-3933 ("Arcane Crypto" or the "company"), are hereby summoned to the Extraordinary General Meeting on Thursday, 9 December 2021.

The Board of Directors of Arcane Crypto has resolved that the Extraordinary General Meeting will be held by postal voting only, in accordance with the Act (2020:198) on Temporary Exceptions to Facilitate the Execution of General Meetings in Companies and Other Associations. The Extraordinary General Meeting will therefore be held without the possibility for shareholders to attend in person or through a proxy. Instead, shareholders can participate in the Extraordinary General Meeting by voting and submitting questions in advance pursuant to the instructions described below.

Information about the resolutions passed by the Extraordinary General Meeting will be published on 9 December 2021, as soon as the result of the postal voting has been finally confirmed.

Right to participate

Shareholders who wish to attend the Extraordinary General Meeting shall

  1. be registered in the share register kept by Euroclear Sweden AB as of 1 December 2021, and
  2. notify participation no later than 8 December 2021 by casting their postal vote in accordance with the instructions under the heading "Postal voting" below so that the postal vote is received by the company no later than that day.

Nominee-registered shares

In order to be entitled to participate in the Extraordinary General Meeting, shareholders who have their shares nominee-registered must, besides giving notice of their participation, register their shares in their own name so that the shareholder is registered in the share register as of 1 December 2021. Such registration may be temporary (so-called voting rights registration) and request for such registration shall be made to the nominee in accordance with the nominee's routines in such time in advance as determined by the nominee. Voting rights registrations effected no later than the second banking day following 1 December 2021 will be considered in the presentation of the share register.

Postal voting

Shareholders may exercise their voting rights at the Extraordinary General Meeting only by voting in advance through so-called postal voting in accordance with Section 22 of the Act (2020:198) on Temporary Exceptions to Facilitate the Execution of General Meetings in Companies and Other Associations.

Shareholders who wish to vote shall use a special form for postal voting that will be available on the company's website, investor.arcanecrypto.se. The postal voting form is valid as notification to the Extraordinary General Meeting.

The completed and signed form must be received by the company no later than 8 December 2021. The completed form must be sent to Arcane Crypto AB, Box 12 172, 102 25 Stockholm, Sweden. The completed form may also be submitted electronically by e-mail to post+egm@arcanecrypto.se. If the shareholder is a legal entity, a certificate of incorporation or other authorization document must be enclosed to the form. Shareholders may not provide the voting form with special instructions or conditions. If so, the vote (i.e., the postal vote in its entirety) is invalid. Further instructions and conditions are included in the postal voting form.

Shareholders who wish to postal vote through proxy shall issue a written and dated power of attorney for the proxy. If the shareholder is a legal entity, a certificate of incorporation or a corresponding document shall be enclosed. Proxy form is available on the company's website, investor.arcanecrypto.se, and shall be enclosed to the postal voting form.

Proposed agenda

  1. Election of Chairman of the Extraordinary General Meeting
  2. Preparation and approval of voting list
  3. Approval of the agenda
  4. Election of one or two persons to attest the minutes
  5. Determination of whether the Extraordinary General Meeting has been duly convened
  6. Determination of fees to the Board members
  7. Election of Board members
  8. Resolution on revision of LTI 2021
  9. Resolution on adoption of incentive program for the Chairman of the Board
  10. Closing of the meeting

Proposed resolutions

Item 1 - Election of Chairman of the Extraordinary General Meeting

The Nomination Committee proposes that advokat Johan Wigh, or in the event of his absence, the person designated by the Board instead, be elected Chairman of the Extraordinary General Meeting.

Item 2 - Preparation and approval of voting list

The voting list proposed for approval under item 2 on the agenda is the voting list prepared by the Chairman of the Extraordinary General Meeting, based on the general meeting share register and received postal votes, as checked and verified by the persons attesting the minutes.

Item 4 - Election of one or two persons to attest the minutes

The Nomination Committee proposes that Lars Ørving Eriksen and Sebastian Nordvang be elected to attest the minutes, or in the event of absence of any or both, the person or persons designated by the Board of Directors instead. The task of attesting the minutes also includes verifying the voting list and that the postal votes received are correctly reproduced in the minutes.

Item 6 - Determination of fees to the Board members

The Nomination Committee proposes that remuneration to the Chairman of the Board shall be SEK 400,000 on an annual basis and that remuneration to the other Board members elected by the general meeting and not employed by the company shall be SEK 175,000 each on an annual basis, in accordance with the resolution on the Annual General Meeting held 21 May 2021.

Item 7 - Election of Board members

The Nomination Committee proposes that Michael Jackson and Sïmon Saneback be elected as new members of the Board for the period until the end of the Annual General Meeting 2022. Further, Michael Jackson is proposed as Chairman of the Board. Jonatan Raknes will resign from his position as Chairman and member of the Board.

About Michael Jackson

Michael holds a B. Sc. Electrical and Electronics Engineering from University College in London. He has experience as director in and advisor to a number of industrial companies and firms within the financial sector and as previous director at Blockchain SA (Blokchain.com), COO at Skype and Partner at the venture capital firm Mangrove Capital with amongst other a focus on fintech. Current shareholding in Arcane Crypto is 0 shares.

About Sïmon Saneback

Sïmon has studied computer science and business administration at various universities in Sweden and the USA. He is an award-winning serial entrepreneur and founding partner of the venture capital firm Wellstreet. In addition, Sïmon has held advisory roles in fintech businesses like Klarna, including crypto-related companies. Current shareholding in Arcane Crypto AB is 280,000 shares.

Item 8 - Resolution on revision of LTI 2021 Background and motives

The Board of Directors believes, after discussions with the program participants, that there is reason to revise the incentive program, LTI 2021, which was established at the Annual General Meeting on 21 May 2021, to ensure that LTI 2021 reflects the purpose of the program and fulfils the effects that were sought in the establishment of the program. The Board of Directors therefore proposes that the Extraordinary General Meeting resolves to approve revisions in LTI 2021, meaning that the participants who according to the resolutions of the Annual General Meeting held on 21 May 2021 are entitled to warrants of Series 1 are after the revision entitled to Series 1 employee stock options and that Series 1 be extended to include additional participants ("Revised LTI 2021"). The proposal for the Revised LTI 2021 follows in its entirety below. The purpose of revising the program is to create conditions for maintaining and increasing the motivation of senior executives, employees and other key personnel. Adjustments to the program have been made to better fulfil the program's original purpose, to permit new key personnel to participate in the program and to enable that the duration of the program, after completed revisions, remains three years. Revised LTI 2021 does not affect participants or employee stock options of Series 2 established at the Annual General Meeting held on 21 May 2021.

In light of the above, the Board of Directors proposes that the Extraordinary General Meeting resolves to revise the LTI 2021 in accordance with item 8 (a) - 8 (d) below. The resolutions under item 8 (a) - 8 (d) below are proposed to be conditional upon each other and for that reason it is proposed that all resolutions are to be passed as one resolution. The Revised LTI 2021 is proposed to include up approximately eight (8) employees within the company.

Item 8 (a) - Proposal regarding the revision of LTI 2021

The revision of LTI 2021 will result in the Swedish participants receiving employee stock options of Series 1 instead of warrants of Series 1. In order to enable new key employees to participate in the program, the Board of Directors proposes that Revised LTI 2021 is expanded so both Swedish and non-Swedish employees can participate. Further, the Board of Directors propose that the Extraordinary General Meeting resolves to issue a maximum of 52,965,460 warrants to ensure the delivery of shares upon exercise of the employee stock options under the Revised LTI 2021. The right to subscribe for the warrants in the employee stock option program shall be granted to the company in the purpose of ensuring the delivery of shares under the Revised LTI 2021. Every warrant entitles the holder to subscribe for (1) share in the company.

In developing the Revised LTI 2021, the Board of Directors' ambition has been to maintain the terms resolved by the Annual General Meeting for LTI 2021, as far as possible. The following paragraph describes the terms of the program:

Employee stock options (with warrants as hedging arrangement)

Each employee stock option entitles the participant to acquire one (1) share in the company in accordance with the following terms and conditions:

  • The employee stock options will be granted without consideration;
  • The employee stock option entitles the holder to acquire one (1) share in the company at an exercise price corresponding 0,2 SEK, which correspond to the exercise price for employee stock options of Series 2;
  • The employee stock options of Series 1 entitle the holder to acquire shares during the period commencing on 1 January 2025 up to and including 28 February 2025;
  • As a general rule, the employee stock options shall only be available to be exercised if the holder is still an employee within the company. Depending on the circumstances, the Board of Directors is entitled to make discretionary decisions in accordance with the Revised LTI 2021 terms and conditions.

Recalculation due to split, consolidation, new share issue etc.

The exercise price and number of shares that every warrant entitles to shall be recalculated in the event of a split, consolidation, new share issue etc. in accordance with customary re-calculation terms. Given that all warrants are exercised the Company's share capital will increase with SEK 193,256.337209.

Allocation of warrants and employee stock options

The participants' right to acquire employee stock options (the "Options") have been allocated with reference to position, responsibility and working performance in the group and the participants have for this reason been divided into three categories:

i. Group 1: CEO and Senior Executives consisting of one (1) position, of which each may be offered a maximum of 12,222,798 Options;

ii. Group 2: Team Leaders consisting of up to one (1) position, of which each may be offered a maximum of 8,148,532 Options; and

iii. Other employees and key individuals consisting of up to six (6) individuals, of which each may be offered a maximum of 5,432,355 Options, totaling a maximum of 32,594,130 Options.

The right to receive employee stock options belongs to both Swedish and non-Swedish employees.

Costs

The Revised LTI 2021 will be reported in accordance with K3, which means that the employee stock options will be expensed as personnel costs during the program. The cost of the Revised LTI 2021 is estimated to amount to approximately SEK 9 million calculated in accordance with Q3, based on the following assumptions: (i) that all Employee Options are exercised, (ii) a price of the company's share of SEK 0.26 in 2025 and ii) average social costs of 31.42 percent. Costs for the Revised LTI will increase costs corresponding to allocation under Series 1, but is not estimated to increase overall LTI 2021 costs for the Company.

Effect on important key ratios

The annual costs for the Revised LTI 2021 amount to approximately 33 percent of the company's personnel costs for the financial year 2020. (The company's average number of employees in 2020 was 11.3 people. As of September 30, 2021, the company had 22 employees. The company has announced that it intends to strengthen the organization significantly by increasing the number of employees.) The majority of the costs do not affect the company's cash flows.

Dilution

Upon full exercise of all employee stock options in the Revised LTI 2021 up to 69,607,208 shares (with reservation for any recalculation), equivalent to approximately 0.81 percent of the total number of shares and votes, may be issued given that future social security costs are hedged in accordance with item 8 (d). The calculation is based on the maximum number of shares and votes which can be issued divided with the total number of shares and votes after such issue. Upon full exercise of the warrants, the company's share capital will increase with a maximum of SEK 253,977.480068.

If the Extraordinary General Meeting resolves to adopt the Revised LTI 2021, the warrants of Series 1 issued by the Annual General Meeting held on 21 May 2021 will be cancelled with the Swedish Companies Registration Office. The allocation of employee stock options of Series 2 in LTI 2021 has been completed and a total of 86,066,211 employee stock options of Series 2 in LTI 2021 were not allocated. The Board of Directors will resolve to cancel the corresponding number of warrants issued within LTI 2021 with the Swedish Companies Registration Office. As a result of this, the total number of warrants issued under LTI 2021 (including the Revised LTI 2021) will be 136,660,339 and thus will not exceed the dilution or the costs in LTI 2021, as adopted by the Annual General Meeting held on 21 May 2021.

Preparation of the proposal

The proposal for the Revised LTI 2021 has been prepared by the Board of Directors of the company in consultation with external advisor.

The reason for the deviation from the shareholders' preferential rights

The reason for the deviation from the shareholders' preferential rights is to implement an incentive program for the senior executives and key employees in the company and the group.

Majority requirement

Resolution in accordance with the proposals require that the resolutions be supported by shareholders representing no less than nine-tenths of the votes cast and the shares represented at the Extraordinary General Meeting.

Authorization

It is further proposed that the Board of Directors, or a person appointed by the Board of Directors, is authorized to undertake such minor adjustments in the decision that may be required for the registration with the Swedish Companies Registration Office and Euroclear Sweden AB and that the Board of Directors shall have the right to undertake such minor adjustments to the incentive program due to applicable foreign rules and laws.

Item 8 (b) - Issue of warrants

In order to secure the delivery of shares pursuant to the Revised LTI 2021, the Board of Directors proposes that the Extraordinary General Meeting resolves on an issue of a maximum of 52,965,460 warrants, entitling to subscription of new ordinary shares in the company as follows and possibly increase the share capital with maximum SEK 193,256.337209 after full exercise of the warrants.

  1. The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, be granted to Arcane Crypto AB, with the right and obligation to dispose the warrants according to the items 8 (a) and (c).
  2. The reason for the deviation from the shareholders' preferential rights is that the issue of warrants ensures delivery of shares to the participants in the Revised LTI 2021.
  3. The warrants shall be issued free of charge.
  4. Subscription of the warrants shall take place within two (2) months from the date of the resolution to issue warrants. The Board of Directors shall have right to extend the subscription period.
  5. The warrants give right for subscription of shares during the period commencing 1 January 2025 up to and including 28 February 2025.
  6. Each warrant shall entitle subscription of one (1) share at a subscription price corresponding to SEK 0.2, which correspond to the exercise price for employee stock options of Series 2. Recalculation may occur in accordance with the Terms and Conditions for the Warrants. In connection with subscription of shares exercised through a warrant, the part of the subscription price that exceeds the quotient value shall be added to the non-restricted share premium reserve.
  7. The newly issued shares following exercise of the warrants shall carry rights to dividends for the first time on the first record date for dividend that take place after the shares have been registered and recorded in the share register kept by Euroclear Sweden AB.
  8. The complete terms and conditions for the warrants are available on the company's website, investor.arcanecrypto.se. According to the terms of the warrants, the subscription price and the number of shares that each warrant entitles to subscribe for may be subject to recalculation in certain cases.
  9. The Board of Directors, or the person that the Board of Directors may appoint, shall be authorized to make the adjustments as may be required in connection with registration with the Swedish Companies Registration Office.

Item 8 (c) - Transfer/Disposal of the warrants to the participants or otherwise to third parties

The Board of Directors also proposes that the company may transfer/dispose of the warrants to the participants or otherwise to third parties for the purpose of delivering shares to the participants in accordance with the terms and conditions of the Revised LTI 2021. The Company may only transfer/dispose of the warrants for this purpose.

Item 8 (d) - Authorization for the Board of Directors to resolve to issue warrants to a third party

The Board of Directors furthermore proposes that the Extraordinary General Meeting resolves to authorize the Board of Directors to resolve to issue no more than 16,641,748 warrants to a bank or securities company, all on the terms set out for the Revised LTI 2021. The purpose of the authorization and the reason for the deviation from the shareholders' preferential rights is to have the option to hedge the company's exposure against social security costs incurred in connection with the Revised LTI 2021, by way of, to a third party with whom the company has an agreement, issue warrants which can be exercised to subscribe shares that thereafter are sold at market value. The authorization may only be used to cover social security costs in relation to participants that are based in Sweden at the time the employee stock options of Series 1 are allocated.

  1. The warrants shall be issued free of charge. Each warrant shall entitle to subscription of one (1) share in the company, thus, the share capital will increase with maximum SEK 60,721.142859.
  2. The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, be granted to a Swedish bank or Swedish securities company.
  3. The warrants may be exercised for subscription of shares commencing 1 January 2025 up to and including 28 February 2025.
  4. Each warrant entitles the holder to subscription of one (1) share at a subscription price corresponding to the quota value. Recalculation may occur in accordance with the complete warrant conditions.
  5. The Board of Directors, or the person that the Board of Directors may appoint, shall be authorized to make the adjustments as may be required in connection with registration with the Swedish Companies Registration Office.

Item 9 - Resolution on adoption of incentive program for the Chairman of the Board Background and reasons

Shareholders in the company, who represent more than 60 percent of the voting rights for all shares in the company, propose that the Extraordinary General Meeting resolves to establish a long-term incentive program for the company's Chairman of the Board ("LTI 2021:2"). The shareholders believe that it is important that the Chairman of the Board is given the opportunity to receive compensation that is related to and dependent on the value growth he contributes to creating. In addition to this, the program is expected to increase the Chairman's feeling of inclusion in the company. The shareholders believe that it is to the advantage of the company and the shareholders that the Chairman of the Board is given a personal ownership commitment.

In the light of the above, the shareholders propose that the Extraordinary General Meeting resolves to implement the incentive program LTI 2021:2 in accordance with item 9 (a) - 9 (c) below. The resolutions under item 9 (a) - 9 (c) below are proposed to be conditional upon each other and for that reason it is proposed that all resolutions are to be passed as one resolution. Furthermore, the resolutions under item 9 (a) - 9 (c) below are proposed to be conditional upon that the Extraordinary General Meeting resolves on a new election of the Chairman of the Board in accordance with item 7 on the proposed agenda.

Item 9 (a) - Proposal regarding the adoption of LTI 2021:2

Through LTI 2021: 2, stock options will be transferred to the Chairman of the Board. The stock options will vest during the period 1 January 2022 - 31 December 2024; however, the stock options only entitle to acquisition of shares if the Chairman of the Board has retained his position as Chairman of the Board for at least one (1) year for one third (1/3) of the stock options, at least two (2) years for two thirds (2/3) of the stock options and at least three (3) years for all of the stock options (as further described under the heading "Stock options" below).

In order to ensure the delivery of shares when stock options are exercised, the shareholders propose that the Extraordinary General Meeting resolves to issue a maximum of 12,222,798 warrants. Each warrant entitles the Chairman of the Board to subscribe for one (1) share in the company. The right to subscribe for and hold the warrants shall belong to the company.

The terms of the stock options are described below.

Stock options (with warrants as hedging arrangement)

The Chairman of the Board has the right to acquire a maximum of 12,222,798 stock options. Each stock option entitles the Chairman of the Board to acquire one (1) share in the company in accordance with the following terms and conditions:

· The stock options will be granted without consideration;

· One (1) stock option entitles the Chairman of the Board to acquire one (1) share in the company at an exercise price of SEK 0.20, corresponding to the exercise price in the incentive program LTI 2021 adopted by the Annual General Meeting held 21 May 2021;

· The stock options entitle the Chairman of the Board to acquire shares during the period from and including 1 January 2025 up to and including 28 February 2025;

· The stock options shall only entitle acquisition of shares if the Chairman of the Board has retained his position in the company in accordance with the following:

(A) if the Chairman of the Board leaves his position in the company during the period 1 January 2022 - 31 December 2022, none of the stock options shall entitle acquisition of shares;

(B) if the Chairman of the Board leaves his position in the company during the period 1 January 2023 - 31 December 2023, one third (1/3) of the stock options shall entitle acquisition of shares;

(C) if the Chairman of the Board leaves his position in the company during the period 1 January 2024 - 31 December 2024, two thirds (2/3) of the stock options shall entitle acquisition of shares; and

(D) if the Chairman of the Board still has his position in the company on 1 January 2025, all (3/3) of the stock options shall entitle acquisition of shares.

The company's Board of Directors shall have a discretionary right to deviate from this principle in accordance with the terms of LTI 2021:2.

Costs

The incentive program is expected to have a marginal effect on the company's adjusted EBITDA per share.

Costs related to LTI 2021:2 will be accounted for in accordance with K3 which stipulates that the allocated stock options shall be recorded as a personnel expense in the income statement during the vesting period. The total costs for the employee stock options are expected to amount to approximately MSEK 1.8 during the term of the program, based on the following assumptions: (i) that all employee stock options are exercised, (ii) a price of the company's share of 0.28 in 2026. LTI 2021:2 is not estimated to impose any social security costs.

Dilution

Upon exercise of all warrants in LTI 2021:2 up to 12,222,798 shares (with reservation for any re-calculation), equivalent to approximately 0.14 percent of the total number of shares and votes, may be issued. The calculation is based on the maximum number of shares and votes which can be issued divided with the total number of shares and votes after such issue. Upon full exercise of the warrants, the company's share capital will increase with a maximum of SEK 44,597.614595.

Preparation of the proposal

The proposal for the incentive program LTI 2021:2 has been prepared by shareholders in the company, who represent more than 60 percent of the voting rights for all shares in the company, in consultation with external advisor.

Majority requirement

A resolution to approve the present proposal is valid only where supported by shareholders holding not less than nine-tenths (9/10) of both the shares voted for and of the shares represented at the meeting.

Authorization

It is further proposed that the board of directors, or a person appointed by the board of directors, is authorized to undertake such minor adjustments in the decision that may be required for the registration with the Swedish Companies Registration Office and Euroclear Sweden AB and that the board of directors shall have the right to undertake such minor adjustments to the incentive program due to applicable foreign rules and laws.

Item 9 (b) - Issue of warrants

In order to secure the delivery of shares pursuant to the LTI 2021:2, the shareholders propose that the company issues a maximum of 12,222,798 warrants, entitling to subscription of 12,222,798 shares in the company as follows. In the occurrence of full exercise of warrants, the share capital will increase with maximum SEK 44,597.614595.

  1. The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, be granted to Arcane Crypto AB, with the right and obligation to dispose the warrants according to the items 9 (a) and (c).
  2. The reason for the deviation from the shareholders' preferential rights is that the issue of warrants ensures delivery of shares to the Chairman of the Board in the LTI 2021:2.
  3. The warrants shall be issued free of charge.
  4. Subscription of the warrants shall take place within two (2) months from the date of the resolution to issue warrants. The Board of Directors shall have right to extend the subscription period.
  5. The warrants give right for subscription of shares during the period commencing 1 January 2025 up to and including 28 February 2025.
  6. Each warrant shall entitle to subscription for one (1) share at a subscription price corresponding to the quota value of the share. Recalculation may occur in accordance with the terms and conditions for the warrants.
  7. The new shares issued after the warrants have been exercised shall entail the right to a dividend for the first time on the record date for dividends that falls immediately after the new shares have been registered and entered in the share register kept by Euroclear Sweden AB
  8. The complete terms and conditions for the warrants are available on the company's website, investor.arcanecrypto.se. According to the terms of the warrants, the subscription price and the number of shares that each warrant entitles to subscribe for may be subject to recalculation in certain cases.
  9. Documents pursuant to Chapter 14 Section 8 of the Swedish Companies Act have been drawn up.
  10. The Board of Directors, or the person that the Board of Directors may appoint, shall be authorized to make the adjustments as may be required in connection with registration with the Swedish Companies Registration Office and Euroclear Sweden AB.

Item 9 (c) - Transfer/Disposal of the warrants to the Chairman of the Board or otherwise to third parties

Shareholders in the company, who represent more than 60 percent of the voting rights for all shares in the company, also propose that the company may transfer/dispose of the warrants to the Chairman of the Board or otherwise to third parties for the purpose of delivering shares to the Chairman of the Board, in accordance with the terms and conditions of the LTI 2021:2. The company may only transfer/dispose of the warrants for this purpose.

Other information

Number of shares and votes

At the time of issue of this notice, the number of shares in the company, as well as the total number of votes, amounts to 8,505,700,189. The company holds no treasury shares.

Shareholders' right to receive information

In accordance with Chapter 7, Section 32 of the Swedish Companies Act, the Board of Directors and the Chief Executive Officer shall, if any shareholder so requests and the Board of Directors believes that it can be done without material harm to the company, provide information at the meeting about circumstances that may affect the evaluation of an item on the agenda. As the Extraordinary General Meeting will be conducted without physical meeting, requests for information must be submitted in writing by mail to the address Box 12 172, 102 25 Stockholm or by e-mail to post+egm@arcanecrypto.se no later than 29 November 2021. Such information will be provided by being held available from the company on the company's website, investor.arcanecrypto.se, no later than 4 November 2021. The information will also be sent within the same time to the shareholders who so request and provide their postal or e-mail address.

Documents

Documents under the Swedish Companies Act will be available from the company no later than two weeks prior to the Extraordinary General Meeting. Copies of the documents will also be sent to the shareholders who so request and provide their postal address. The documents will also be available on the company's website, investor.arcanecrypto.se.

Processing of personal data

For information about how your personal data are processed, see https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

____________

Arcane Crypto AB

Stockholm in November 2021

Board of Directors

For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
E-mail: ir@arcanecrypto.no

About Arcane Crypto
Arcane Crypto develops and invests in projects, focusing on bitcoin and digital assets. Arcane operates a portfolio of businesses, spanning the value chain of digital finance. As a group we deliver services for payments, investments and trading. In addition, we have a media and research division.

Arcane has the ambition to become a leading player in the digital assets space by growing the existing businesses, invest in cutting edge projects, and through acquisitions and consolidation.

The company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: ca@mangold.se, web: www.mangold.se.

2021-11-25
Regulatorisk

Styrelsen i Arcane Crypto AB har idag beslutat att godkänna bolagets plan att ansöka om en notering på OTCQB, en handelsplattform i USA som drivs av OTC Markets Group för värdepapper som inte är noterade på en nationell börs. Arcane Crypto kommer därmed att ansöka om notering på OTCQB och räknar med att erhålla ett godkännande under första kvartalet 2022.

2021-11-25
Regulatory

The Board of Arcane Crypto AB have today approved the company's plan to apply for a dual listing on OTCQB, a US trading market operated by OTC Markets Group for securities not listed on a national exchange. Arcane Crypto will apply for admission to trading on OTCQB and expects an approval during the first quarter of 2022.

2021-11-12

Stockholm 12 november, 2021 - Arcane Cryptos helägda dotterbolag Ijort Invest AB ("Trijo") offentliggör idag att Arcane Cryptos VD Torbjørn Bull Jenssen även utses till VD för Trijo och ersätter därmed Totte Löfström.

2021-11-12

Stockholm November 12, 2021 - Arcane Crypto's wholly owned subsidiary Ijort Invest AB ("Trijo") today announces that Arcane Crypto's CEO Torbjørn Bull Jenssen will also become CEO of Trijo and thereby replace Totte Löfström.

2021-11-08
Regulatorisk

Aktieägarna i Arcane Crypto AB, org. nr. 556668-3933 ("Arcane Crypto" eller "bolaget"), kallas härmed till extra bolagsstämma att hållas torsdagen den 9 december 2021.

Styrelsen för Arcane Crypto har, i enlighet med lagen (2020:198) om tillfälliga undantag för att underlätta genomförandet av bolags- och föreningsstämmor, beslutat att stämman ska genomföras enligt ett s.k. poströstningsförfarande. Stämman hålls därmed utan möjlighet för aktieägare att närvara personligen eller genom ombud. Istället kan aktieägare delta vid stämman genom att rösta och lämna in frågor i förväg enligt instruktionerna nedan.

Information om de beslut som har fattats av stämman offentliggörs 9 december 2021 så snart utfallet av poströstningen är slutligt sammanställt.

2021-11-08
Regulatory

The shareholders in Arcane Crypto AB, Reg. No. 556668-3933 ("Arcane Crypto" or the "company"), are hereby summoned to the Extraordinary General Meeting on Thursday, 9 December 2021.

The Board of Directors of Arcane Crypto has resolved that the Extraordinary General Meeting will be held by postal voting only, in accordance with the Act (2020:198) on Temporary Exceptions to Facilitate the Execution of General Meetings in Companies and Other Associations. The Extraordinary General Meeting will therefore be held without the possibility for shareholders to attend in person or through a proxy. Instead, shareholders can participate in the Extraordinary General Meeting by voting and submitting questions in advance pursuant to the instructions described below.

Information about the resolutions passed by the Extraordinary General Meeting will be published on 9 December 2021, as soon as the result of the postal voting has been finally confirmed.

2021-11-05

Det norska non-fungible token ("NFT") projektet Svalbard.Money auktionerar nu ut helt nya Svalbardmynt som inspirerats av historiska personer från Sovjet Unionen.

2021-11-05

The Norwegian non-fungible token ("NFT") project named Svalbard.Money is auctioning off brand new Svalbard coins inspired by historic individuals in the Soviet Union.

2021-10-29
Regulatory

The third quarter of 2021 (compared to the third quarter of 2020)

  • Group revenue increased to 81,166 kSEK (571)

  • EBITDA amounted to -6,059 kSEK (-3,085)

  • EBIT amounted to -8,105 kSEK (-3,133)

  • The result for the period amounted to -7,766 kSEK (-2,833)

  • Earnings per share before dilution amounted to -0,001 SEK (-0,005)

  • Earnings per share after dilution amounted to -0,001 SEK (-0,005)

The first nine months of 2021 (compared to the first nine months of 2020)

  • Group revenue increased to 183,555 kSEK (879)

  • EBITDA amounted to -18,586 kSEK (-7,454)

  • EBIT amounted to -21,731 kSEK (-7,505)

  • The result for the period amounted to -150,872 kSEK (-7,343)

  • Adjusted result for the period amounted to -23,919 kSEK (-7,343)

  • Earnings per share before dilution amounted to -0,019 SEK (-0,014)

  • Earnings per share after dilution amounted to -0,018 SEK (-0,014)

2021-10-28
Regulatorisk

Stockholm, 28 oktober 2021 - Ett pressmeddelande med rubriken "Nomineringskommittén föreslår förändringar i Arcane Cryptos styrelse" som distribuerades tidigare idag inkluderade av misstag ett namn på en föreslagen styrelseledamot som inte kommer att föreslås som styrelseledamot. Det rätta offentliggörandet lyder:

Styrelsen i Arcane Crypto AB ("Arcane Crypto" eller "Bolaget") har idag mottagit ett förslag från Bolagets nomineringskommitté om att sammankalla en extra bolagsstämma för att besluta om förändringar i Bolagets styrelse. Nomineringskommittén föreslår att Michael Jackson utses till styrelseordförande och att Sïmon Saneback utses till ny styrelseledamot. Jonatan Raksnes kommer att lämna sin position som styrelseordförande och styrelseledamot och Anna Svahn, Kristian Kierkegaard och Viggo Leisner kommer att förbli styrelseledamöter.

2021-10-28
Regulatory

Stockholm, October 29, 2021 - A press release headlined "The Nomination Committee proposes changes within Crypto's Board of Directors" distributed earlier today by mistake included a name of a proposed member of the Board that will not be proposed as member of the Board. The correct announcement follows:

The Board of Directors of Arcane Crypto AB ("Arcane Crypto" or the "Company) has today received a proposal from the company's Nomination Committee to convene an Extraordinary General Meeting ("EGM") to resolve on changes within the Company's Board of Directors. The Nomination Committee proposes that Michael Jackson is elected as Chairman of the Board and that Sïmon Saneback is elected as a new member of the Board. Jonatan Raknes will resign from his position as Chairman and member of the Board and Anna Svahn, Kristian Kierkegaard and Viggo Leisner will remain as members of the Board.

2021-10-28
Regulatorisk

Stockholm, 28 oktober 2021 - Styrelsen i Arcane Crypto AB ("Arcane Crypto" eller "Bolaget") har idag mottagit ett förslag från Bolagets nomineringskommitté om att sammankalla en extra bolagsstämma för att besluta om förändringar i Bolagets styrelse. Nomineringskommittén föreslår att Michael Jackson utses till styrelseordförande och att Sïmon Saneback och Mikkel Riiber utses till nya styrelseledamöter. Jonatan Raksnes kommer att lämna sin position som styrelseordförande och styrelseledamot och Anna Svahn, Kristian Kierkegaard och Viggo Leisner kommer att förbli styrelseledamöter.

2021-10-28
Regulatory

Stockholm, October 28, 2021 - The Board of Directors of Arcane Crypto AB ("Arcane Crypto" or the "Company) has today received a proposal from the Company's Nomination Committee to convene an Extraordinary General Meeting ("EGM") to resolve on changes within the Company's Board of Directors. The Nomination Committee proposes that Michael Jackson is elected as Chairman of the Board and that Sïmon Saneback and Mikkel Riiber are elected as new members of the Board. Jonatan Raknes will resign from his position as Chairman and member of the Board and Anna Svahn, Kristian Kierkegaard and Viggo Leisner will remain as members of the Board.

2021-10-26

Stockholm, October 26, 2021 - Arcane Crypto AB ("Arcane Crypto") today published a press release titled "Arcane Crypto invests in additional computing power to achieve full hosting capacity". The press release incorrectly stated that the mining operation represents a monthly income potential of around SEK 10 million for Arcane Green Data. The correct outlook is that the mining operation represents a monthly revenue potential of around SEK 10 million.

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