myFC has the following warrants program as for now:
During the additional meeting of shareholders on November 8, 2016, it was decided that a warrant program with emissions of maximum 3 472 855 warrants would be established. Every warrant will justify a signing of one share of stock to a rate corresponding to 250 percent of the volume weighted share rate of the company’s share on First North during the period of October 25 - November 8, 2016. The emission is directed towards a subsidiary of myFC Holding AB. The subsidiary will transfer the warrants to certain existing and coming leading executives, and other key individuals, to a market price based on Black & Scholes evaluation formula for warrants. The warrants can be used during the period of May 1 - May 31, 2018.
The company has assigned 2 733 341 warrants to be used as payment to Novel Unicorn Ltd. for the cooperation agreement that the parties signed earlier in 2016. The warrants will be utilized in the case of Novel Unicorn Ltd. fulfilling the milestones specified in the agreement. Every warrant entitles signing of one share of the company to the share’s ratio value.