Smoltek receives notification from Gramtec Invest AB of intention to subscribe for shares for at least SEK 2 million in the ongoing rights issue

This press release is an English version of the previously published Swedish version, which has interpretive precedence.

Smoltek Nanotech Holding AB (publ) (“Smoltek” or “the Company”) announces that it has received information from Gramtec Invest AB that they have decided to subscribe for at least SEK 2 million in the ongoing issue.

Gramtec Invest has previously entered into a subscription commitment of SEK 1 million, but has now decided to increase its subscription in Smoltek's rights issue to an amount of at least SEK 2 million, which corresponds to approximately 6.25% of the issue.

According to Gramtec Invest, the subscription will be supported by subscription rights that have mainly been received from the Company's major owners Gramtec Business Partner AB and LIWE Utveckling AB, which are also the main owners of Gramtec Invest.

Including this notification of subscription from Gramtec Invest, the company has now received a total of subscription commitments and advance notifications of subscription amounting to SEK 5,020,950, which corresponds to approximately 15.7% of the issue.

Smoltek Nanotech Holding is a technology company that provides a technology that enables the production of conductive nanostructures on various materials. The company's nanostructure manufacturing technology can be used in several industrial sectors. Customers are found in the global process industry and semiconductors. The products that the company develops are used in equipment for the production of fossil-free hydrogen and in semiconductors to further miniaturize microchips. Smoltek protects its unique carbon nanotechnology through an extensive patent portfolio consisting of more than 110 applied for patents, of which 96 are currently granted. The company's share is listed on the Spotlight Stock Market under the short name SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels are to be interpreted as forecasts and not commitments.

For further information:
Magnus Andersson, CEO of Smoltek Nanotech Holding AB
Email: magnus.andersson@smoltek.com
Phone: +46 317 01 03 05
Website: www.smoltek.com/investors

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