Oslo, 29 January 2025: Reference is made to the stock exchange announcement
published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 24 January
2025, regarding a resolution for a share capital increase of NOK 0.0325 by
issuance of 52 new shares, each with a nominal value of NOK 0.000625, in order
to facilitate a reverse share split in the Company.
The share capital increase has now been registered with the Norwegian Register
of Business Enterprises. The Company's new share capital is NOK 1,147,705.0625,
divided into 1,836,328,100 shares, each with a nominal value of NOK 0.000625 and
carrying one voting right.
Contacts
For more information, please contact:
Jon Øyvind Eriksen, chair of the board, +47 93 06 03 30, admin@sonstad.no
Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com
Disclosure
This information is subject to the disclosure requirements pursuant to Euronext
Growth Oslo Rule Book - Part II and section 5-12 of the Norwegian Securities
Trading Act.
About Huddly AS
Disruptive innovation is our heartbeat at Huddly. We're committed to pushing
technology and challenging the status quo in order to empower human
collaboration. Combining our industry-leading expertise in artificial
intelligence, software, hardware, and UX, we craft intelligent camera systems
that enable inclusive and productive teamwork. Huddly cameras are designed to
provide high-quality, AI-powered video meetings on major platforms, including
Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable
hardware, and engaging user experiences, they are the ideal choice for
organizations seeking a future-proof, scalable, and sustainable solution.
Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the
US and EMEA and distribution globally.