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The Board of Directors of oodash Group AB (publ) (“OODA AI” or the “Company”) has today, on 31 March 2025, decided to carry out a directed share issue to Outlier Ventures and KERO Family Foundation, among others (the “Investors”), based on the authorization granted by the continued Annual General Meeting held on 31 July 2024. The directed share issue amounts to approximately SEK 30 million, based on a pre-money valuation of approximately SEK 560 million. The subscription price has been set at SEK 162 per share, representing a premium of approximately 158.8 percent compared to the closing price on 28 March 2025. The Company will issue up to 184,312 new shares, corresponding to a dilution of approximately 5.06 percent.

About the Share Issue and the Basis for the Subscription Price
The Board has decided, under the authorization from the 2024 AGM, on a directed share issue of up to 184,312 shares to Outlier Ventures and KERO Family Foundation, corresponding to a share capital increase of SEK 1,843,120. The subscription price of SEK 162 per share was determined through arm’s-length negotiations.

The proceeds from the share issue will primarily be used to further reduce the Company’s debt, support further scaling of operations, and fund the upcoming launch of the Company's token and continued development of its decentralized AI infrastructure.

The subscription price represents a premium of approximately 158.8 percent to the closing price of the Company's share on Nasdaq First North Growth Market on 28 March 2025. In view of this, the Board considers the subscription price to be market-based and justified.

The reasons for deviation from the shareholders' preferential right
The reason for deviating from shareholders' pre-emptive rights is based on the Board’s overall assessment and careful consideration of raising capital through a rights issue versus a directed issue. The Board believes that a rights issue could not have been executed on similarly favorable terms and would have taken significantly longer to complete, thereby increasing market risk exposure. The Board thus considers the directed issue to be in the best interest of the Company and its shareholders.

Dilution and Changes to Share Capital and Number of Shares
Following the share issue, the number of shares in the Company will increase from 3,456,318 to 3,640,630. The share capital will increase from SEK 34,563,180 to SEK 36,406,300, corresponding to a dilution of approximately 5.06 percent.

CEO Comment
“We are pleased to have secured an additional SEK 30 million in a new funding round, this time with support from both Outlier Ventures and the KERO Family Foundation. This is a strong endorsement of the trust investors place in our vision and the momentum we have demonstrated throughout the year. Interest in the company remains high, and the Board continuously evaluates new financing opportunities to further accelerate our growth journey. We enter the remainder of 2025 with strong momentum.” says Arli Charles Mujkic, CEO of oodash group

IMPORTANT INFORMATION
Publication, distribution or release of this press release may be subject to restrictions in certain jurisdictions by law. Persons in jurisdictions where this press release has been published or distributed must inform themselves of and comply with such legal restrictions. Recipients are responsible for using this press release and its contents in accordance with applicable laws and regulations in their respective jurisdictions.

This press release does not constitute an offer or invitation to acquire or subscribe for any securities in oodash Group AB in any jurisdiction, neither from oodash Group AB nor from any other party.

This press release is not a prospectus under the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the directed share issue.

This press release does not identify or claim to identify risks (direct or indirect) associated with an investment in the Company. The information herein is provided solely as background to the directed share issue and is not intended to be complete or exhaustive.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. Securities referenced herein may not be offered or sold in the United States absent registration or an applicable exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States unless registered or exempt from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of any securities referenced herein will be made in the United States.

This press release may not be published, released, copied or distributed, directly or indirectly, in or into the United States, Australia, Belarus, Hong Kong, Japan, Canada, New Zealand, Russia, Switzerland, Singapore, South Africa, South Korea or any other jurisdiction where such publication, release or distribution would be unlawful or require registration or any other action under applicable law.

For further information, please contact:
Arli Charles Mujkic, CEO, oodash Group AB
Email: charlie@ooda.ai
Telephone: +49 176 626 999 64

Måns Pontén Söderlind, Deputy CEO, oodash Group AB
Email: mans@ooda.ai
Telephone: +46 70 766 47 71

About oodash Group AB
OODA AI is a group of companies with a focus on artificial intelligence (AI) and software-as-a-service (SaaS). The group of companies provides AI services in the form of decentralized and distributed AI computing, AI tools as well as AI consulting, training and implementation. The group of companies operates on a global market, the head offices are located in Stockholm (Sweden) and Munich (Germany). Listed on Nasdaq Stockholm First North, also traded on Börse Frankfurt, Börse Stuttgart and Börse München.

For more information, www.ooda.ai

The company's Certified Adviser is Eminova Fondkommission AB | 08-684 211 00 | info@eminova.se