Nasdaq has approved InCoax for listing on Nasdaq First North. The first day of trading in the Company's share is set to January 3, 2019. InCoax will be traded under the ticker INCOAX with ISIN code SE0009832595. On the Company's website, www.incoax.com, the company description that has been prepared for the listing on Nasdaq First North is available. The company description presents updated information as of November 30, 2018 regarding InCoax's capital structure and net debt. This information has not previously been published and the tables below reproduce this information.

Tables of equity and interest-bearing liabilities and net debt are listed on page 39 in the company description in Swedish.

Equity, interest-bearing liabilities and net debt

KSEK November 30, 2018
Short-term interest-bearing liabilities
Against guarantee or surety 0.0
Against collateral 0.0
Without guarantee/surety or collateral 1,191.7
Total non-current interest-bearing debt 1,191.7
Non-current interest-bearing debt
Against guarantee or surety 0.0
Against collateral 0.0
Without guarantee/surety or collateral 3,246.0
Total non-current interest-bearing debt 3,246.0
Equity
Share capital 2,138.9
Retained earnings 59,328.8
The period’s result -42,671.6
Total equity 18,796.1


KSEK November 30, 2018
A) Cash 0.0
B) Other liquid funds 16,365.4
C) Marketable securities 0.0
D) Liquidity (A+B+C) 16,365.4
E) Current financial receivables 1,195.1
F) Current liabilities from financial institutions 0.0
G) Current portion of non-current liabilities 0.0
H) Other current financial liabilities 1,191.7
I) Current financial liabilities (F+G+H) 1,191.7
J) Net current financial indebtedness (I-E-D) -16,362.0
K) Non-current liabilities from financial institutions 0.0
L) Issued bonds 0.0
M) Other non-current liabilities 3,246.0
N) Non-current financial liabilities (K+L+M) 3,246.0
O) Net financial indebtedness (J+N) -13,116.0

After November 30, the Company has carried out a share issue which generated total proceeds of approximately 13.4 MSEK after issue costs. 

For more information, please contact:
Peter Carlsson, CEO, peter.carlsson@incoax.com, +46 70 856 3427.

This information is such information as InCoax Networks AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 13:00 CET on December 27, 2018.

N.B. this press release is translated from Swedish. In case of any discrepancy between the Swedish and the English version, the Swedish version shall prevail.

About InCoax Networks AB              
InCoax Networks AB (publ) is innovating the future of broadband access. In:xtnd™ provides the next-generation smart and sustainable networking solutions to the world’s leading telecom and broadband service providers. For additional information about how we are saving the world from complicated, visit www.incoax.com. Augment Partners AB, tel. +46 8-505 651 72, is acting as the Company´s Certified Adviser.

Important information
The information in this press release does not constitute an offer to acquire, subscribe or otherwise trade in shares or other securities in InCoax. The invitation to persons to subscribe for shares in InCoax will only be made through the memorandum published by InCoax on November 27, 2018. No action has been taken or will be taken by InCoax to allow the offer in other jurisdictions than in Sweden and Finland.

The information in this press release may not be released, published, reproduced or distributed in or to the United States, Australia, Canada, New Zealand, Hong Kong, Japan, Switzerland, Singapore, South Africa, or any other country or jurisdiction where such action is not permitted or such action is subject to legal restrictions or would require further registration or other measures than required by Swedish law. Measures contrary to this instruction may constitute a breach of applicable securities laws.

No shares have been registered, and will not be registered, pursuant to the United States Securities Act of 1933, as amended, ("Securities Act") and may not be offered, subscribed, sold or transferred, directly or indirectly, within the United States, except for written approval from InCoax and in accordance with an applicable exemption from the registration requirements of the Securities Act and in accordance with securities legislation in relevant state or other jurisdiction in the United States.

Forward-looking statements
This press release contains certain forward-looking statements that reflect the Company's current views on expectations of future events as well as financial and business development, including statements regarding the issue and statements regarding guidance, planning, prospects and strategies. Words such as "referred", "estimated", "expected", "planned", “anticipated”, "can", and other expressions that imply indications or predictions of future developments or trends, and which are not the basis of historical facts, are forward information. Although InCoax believes that these statements are based on reasonable assumptions and expectations, the Company cannot guarantee that such forward-looking statements will be implemented. As these forward-looking statements include both known and unknown risks and uncertainties, real outcomes can differ substantially from what is stated in forward-looking information. Forward-looking statements in the press release only apply at the time of the press release and may change without notice. The Company makes no commitment to publish updates or revisions of forward-looking statements as a result of new information, future events or the like beyond what is required by applicable laws or stock market regulation.