Oslo, 20 October 2020 - Reference is made to the stock exchange announcements by Kahoot! AS (the "Company") on 13 October 2020 regarding the successfully completed private placements in the Company towards a subsidiary of SoftBank Group Corp. and towards a Fund advised by Capital World Investors Capital, respectively (jointly, the "Private Placements") and the resolution by the Board of Directors to increase the Company's share capital in connection with the Private Placements.
The share capital increase related to the Private Placements have now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Following such registration, the new share capital of the Company is NOK 44,523,279.80, divided into 445,232,798 shares, each with a nominal value of NOK 0.10.
The new shares are expected to be listed and tradable on Merkur Market today, on 20 October 2020.
For further information please contact:
Eilert Hanoa, CEO
Phone: +47 928 32 905
Email: eilerth@kahoot.com
Ken Østreng, CFO
Phone: +47 911 51 686
Email: keno@kahoot.com
About Kahoot! AS
Kahoot! is on a mission to make learning awesome! We want to empower everyone, including children, students, and employees to unlock their full learning potential. Our game-based learning platform makes it easy for any individual or corporation to create, share, and play learning games that drive serious engagement. In addition, our family of apps takes math learning to a new level and empowers children to learn to read through play. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. In the last 12 months, more than 200 million games have been played on the Kahoot! platform with over one billion participating players in 200 countries. The company is headquartered in Norway with offices in the US, the UK, France, Finland, Denmark and Spain. Let’s play!
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This information is subject to the disclosure requirements pursuant to Merkur Markets continuing obligations.