NEWS

SealWacs AB: Decision on new issue for acquisition of the shares in We Care AS

After today's extraordinary general meeting of SealWacs approved the acquisition of the shares in Norwegian We Care AS, the board of SealWacs AB made a decision to carry out a share issue.

Communiqué from the extraordinary general meeting of SealWacs AB (publ)

At the extraordinary general meeting of SealWacs AB (publ) ("SealWacs" or the "Company"), which was held through mandatory advance voting with the support of temporary legal rules, today, July 30, 2021, the following was decided.

SealWacs AB calls an extraordinary general meeting

The shareholders in SealWacs AB (publ), registered office no. 556890-8486 (the "Company" or "SealWacs"), with registered office in Gothenburg, are hereby called to an extraordinary general meeting on Friday, July 30, 2021.

SealWacs AB: Acquisition of the Norwegian e-cigarette company We Care AS and agreement with Gothenburg's Corporate Finance for relisting and capitalization.

On May 19, SealWacs AB (publ) announced that the shareholders of MaxSnus.no AS signed a letter of intent, a so-called "Letter of Intent", LOI, with the shareholders of the Norwegian e-cigarette company We Care AS. The intention was to acquire 100 percent of the shares in We Care. The Company can now announce that a final acquisition agreement has been signed. The agreement, which is subject to approval at an extraordinary general meeting, means that SealWacs acquires all the shares in We Care AS. To finance the acquisition, SealWacs has taken out a bridging loan of SEK 14 million. The company has signed an agreement with Gothenburg Corporate Finance to act as an advisor in the relisting process and in the implementation of a planned offensive rights issue.

SealWacs AB: Change of CEO

After today's ordinary general meeting of SealWacs approved the reverse acquisition of Norwegian MaxSnus.no AS, Henrik Torjussen is appointed as the new CEO of SealWacs.

Communiqué from the annual general meeting of SealWacs AB (publ)

At the annual general meeting of SealWacs AB (publ) ("SealWacs" or the "Company"), which was held through mandatory advance voting with the support of temporary legal rules, today, June 3, 2021, the following was decided.

SealWacs AB (publ): MaxSnus.no AS has entered into a letter of intent regarding the possible acquisition of the Norwegian e-cigarette company We Care AS

SealWacs AB (publ) announced on April 14 that the Company entered into an agreement on the reverse acquisition of Norwegian MaxSnus.no AS. Now SealWacs announces that the shareholders of MaxSnus.no AS have signed a letter of intent, a so-called "Letter of Intent", LOI, with the shareholders of the Norwegian e-cigarette company We Care AS. The intention is to acquire 100 percent of the shares in We Care.

SealWac's documents before the annual general meeting

The company's annual report for the financial year 2020 and other documents before the annual general meeting are available from today on the company's website (www.sealwacs.se) and can also be ordered from the company (see address below).

SealWacs AB (publ) Interim report 1 January - 31 March 2021

The board and CEO of SealWacs AB hereby issue an interim report for the first quarter of 2021.