NORWEGIAN BLOCK EXCHANGE AS
NBX
ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE
Norwegian Block Exchange AS (NBX) – Mandatory notification of trade by close associate and POA 5 to strengthen balance sheet
Oslo, 9th January 2026. Norwegian Block Exchange AS (NBX), a leading Nordic cryptocurrency service provider and the first Norwegian listed active Bitcoin treasury company, announced a mandatory notification of trade by close associate and start of Put Option Agreement 5. The purpose of the POA is to acquire more Bitcoin to the company’s Bitcoin treasury while simultaneously positioning the company to meet future capital requirements related to issuance of E-money tokens.
Reference is made to the stock exchange notice from Norwegian Block Exchange AS on 5th January 2026 regarding the additional acquisition of 3.5 Bitcoin as part of the company's long-term treasury strategy at approximately NOK 894,000 per Bitcoin.
Reference is also made to the stock exchange notice of 27th June 2025 regarding the financing agreement with LDA Capital. Pursuant to the existing loan agreement, Observatoriet Invest AS, a close associate of board member Bjørn Kjos, has delivered 16,890,000 shares to LDA Capital Ltd. ("LDA"). The shares will be delivered back to Observatoriet Invest AS once the period is completed and new shares are issued. The aforementioned shares constitute a loan. The same number of shares will be returned to Observatoriet Invest AS. Similar to previous loans, no interest or fees will be paid.
The cooperation with LDA Capital was extended in 2025, and the company has a $10M USD financing line to draw upon, increasing flexibility and reducing reaction time in case of accretive opportunities. Adding to our BTC treasury and strengthening our balance sheet is such an opportunity.
The dynamics have been largely misunderstood by many market participants due to complexity. As communicated, NBX fully controls the equity dilution under this agreement, which is more effective and has a lower cost associated compared to traditional financing for companies of our maturity.
Please refer to the attached notification of trading for further details and past messages.
This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation and Section 5-12 of the Securities Trading Act.
Contact person: Stig Kjos-Mathisen, CEO Email: stig.aleksander.kjos-mathisen@nbx.com Phone: +47 932 87 572