First North Denmark: Disciplinary decision from Nasdaq Copenhagen: Disclosure of resolutions adopted at the general meeting, disclosure of the annual report after the deadline and procedures for financial reporting

Nasdaq Copenhagen has assessed that Hypefactors A/S have violated the rules by
not disclosing the resolutions adopted at the general meeting in a proper
manner to the market, by disclosing the annual report after the deadline and by
not having adequate internal procedures and systems to ensure complaince of the
requirements in the rules. The Disciplinary Committee decided to reprimand the
company and has decided the company shall to pay a fine equaling one year fee
for admittance to trading which constitutes DKK 80.0001. 

A resume of the decision is attached and will be available in Decisions &
Statements 2023 on the following link:
https://www.nasdaq.com/solutions/decisions-sanctions-copenhagen The resume is
also attached to this notice. 

In order to ensure transparency about the decisions from the exchange, the
exchange publish decisions concerning a reprimand or a fine, with the identity
of the issuer. This is stated in Nasdaq Nordic Main Market Rulebook for Issuers
of Shares, chapter 8, Supplement D - Denmark, rule 8.2.1(ii). 

Further information about Nasdaq's disciplinary procedures can be found on the
following link:
https://www.nasdaq.com/solutions/copenhagen-disciplinary-processes 



1 The paid fine will be transferred to Nasdaq Nordic Foundation for the
promotion of the Foundation's objectives:
https://nasdaq.com/nasdaq-nordic-foundation 

_________________________________________________________________________

For further information contact: Jakob Kaule, Surveillance, tlf. 33 93 33 66.

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=1167468