Overview of the Rights Issue in Magnasense AB

Invitation to subscribe for Units to Fund Magnasense’s Saliva-Based Diagnostics
Existing and new shareholders are invited to subscribe for units in Magnasense under the Rights Issue that is open between 24 April 2025 and 8 May 2025. This presents an opportunity to invest in saliva-based disease testing as an alternative to blood testing. Shareholders who choose not to participate in the Rights Issue will be diluted. The funds raised are essential for Magnasense’s continued operations and advancing of the initial phase of the oral health project. If the company is unable to secure new capital, it could significantly impact its ability to continue operations.

Prospects for the future are exciting as proving that saliva-based testing is a viable alternative to blood testing will allow Magnasense to use its technology, knowledge and experience to test for other diseases and in doing so establish a significant revenue stream from licensing its technology and providing bespoke test reports.

Historical Research and Product Development
Since its formation in 2019, Magnasense has established a number of subsidiary companies in Sweden, the US, Finland and the UK to conduct research into the testing for various diseases, including Covid-19. The aim has been to develop products for licence to third-party manufacturers, distributors, and users to generate royalty-based income. A recent challenge has been funding the various areas of research undertaken by different subsidiaries.

Historical Fundraising
To date, Magnasense has funded its research through a combination of rights issues, loans, corporate research grants, and government support. Recently, financing has been provided by Atlas Special Opportunities, LLC, through a secured convertible bond and loan facility that allows for the conversion of debt into equity. This financing has played an important role in funding ongoing research, and the executed addendum strengthens the company’s capital structure and facilitates broader financing efforts.

Background to the Rights Issue
The priorities of this Rights Issue have been to restructure the agreements with Atlas, restore shareholder confidence, and secure sufficient funding for ongoing research and product development - eliminating the need for additional capital raising, provided the rights issue is fully subscribed and the subsequent exercise of warrants is successful.

Focus on Saliva-Based Testing and its Future Revenue Prospects
The UK subsidiary of Magnasense, Aegirbio UK has become a leading developer of saliva-based testing for disease as an alternative to blood testing. This offers a non-invasive, cost-effective, and highly convenient way to detect and monitor a wide range of health conditions, from diseases to systemic issues like diabetes, neurological -and heart disease. The test results will be used to provide bespoke reports and will be held in a central database of anonymised data that can be used for identifying other diseases and recommending treatment plans. Magnasense believes Aegirbio UK offers the best prospects for early revenue as well as significant potential for future revenue streams.

While further work is needed to refine the saliva collection device, reader, and test—along with developing the Cloud solution required for generating reports and building a central database for potential AI applications—the first solution will be targeted at the professional market, including general practitioners, dentists, dental hygienists, and pharmacy-based testing. The second goal is to create a device suitable for home use, empowering individuals to take control of their own health.

The initial focus will be on testing for Periodontitis, with plans to engage major manufacturers and distributors as third-party partners. Collaborating with these partners will help reduce costs and risks, while also offering potential for early revenue through three main channels: licensing the technology, leveraging the data, and providing test reports.

The information memorandum with full details of the rights issue and subscription forms are available online via: www.magnasense.com and via: www.eminova.se.

For more information contact:
Marco Witteveen, CEO

E-mail: ir@magnasense.com

The Company's Certified Adviser is Eminova Fondkommission AB | adviser@eminova.se

IMPORTANT INFORMATION
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Forward-looking statements
This press release contains forward-looking statements that reflect the Company's intentions, beliefs or expectations regarding the Company's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and can be identified by the use of words such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “anticipates”, “should”, “could” and, in each case, the negatives thereof, or similar expressions. The forward-looking statements in this press release are based on various assumptions, many of which are based on additional assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there can be no assurance that they will materialise or that they are accurate. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, actual results or outcomes could differ materially from those in the forward-looking statements for a variety of reasons. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this press release by the forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements contained in this press release are accurate and any reader of this press release should not place undue reliance on the forward-looking statements contained in this press release. The information, opinions and forward-looking statements expressed or implied herein are made only as of the date of this press release and are subject to change. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statement to reflect events that occur or circumstances that arise in relation to the content of this press release, except as required by law or the rules of Nasdaq First North Growth Market.

About Magnasense
Magnasense is a Swedish diagnostics company founded in 2019 to offer tests to monitor and optimize the dosage of biological drugs via its unique patented technology platform. In June 2020, Magnasense was listed on the Nasdaq First North Growth Market. The company's ambition is, in addition to bringing innovative diagnostic technology to the market, to make diagnostics more accessible, easier to use and to provide accurate and easily transferable results. For more information, see Magnasense's website www.magnasense.com.