Airthings announces subsequent offering to curb shareholder dilution

Airthings ASA announced details of a subsequent offering following its NOK 105 million fully underwritten private placement on September 8, 2025. This subsequent offering aims to limit dilution for existing shareholders who did not participate in the private placement. The board proposes an extraordinary general meeting around September 30, 2025, to authorize the issuance of up to 250 million new shares.

The subsequent offering is directed at shareholders holding less than 375,000 shares as of September 8, 2025 (registered in VPS by September 10, 2025), who were not allocated shares in the private placement and are not in restricted jurisdictions. The subscription price will be NOK 0.10 per share, matching the private placement price.

The offering is contingent on the completion of the private placement, EGM approval for the share issuance, and the publication of an offering prospectus. The board retains the option to cancel the subsequent offering if the company's shares trade at or below the NOK 0.10 subscription price at sufficient volumes.