Oslo, 18 March 2026: Reference is made to the stock exchange announcement
published by Huddly AS ("Huddly" or the "Company", ticker: HDLY) on 25 February
2026, regarding the successful private placement raising gross proceeds of NOK
75 million, through the issuance of 3,750,000 new shares (the "Offer Shares") at
a subscription price of NOK 20.00 per Offer Share (the "Private Placement").
The share capital increase pertaining to the Private Placement has been
registered with the Norwegian Register of Business Enterprises (the "NRBE")
today. The Company's new share capital is NOK 1,941,528.0625, divided into
31,064,449 shares, each with a nominal value of NOK 0.0625 and carrying one
voting right. The new shares carry full rights, including the right to
dividends, from the date of registration of the share capital increase with the
NRBE.
This information is subject to the disclosure requirements pursuant to section
3.11.5 (3) of Euronext Growth Oslo Rule Book - Part II and section 5-12 of the
Norwegian Securities Trading Act.
For more information, please contact:
Jon Øyvind Eriksen, chair of the board of directors, +47 93 06 03 30,
admin@sonstad.no
Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com
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.