JONDETECH'S RIGHTS ISSUE HEAVILY OVERSUBSCRIBED

On 28 August 2020, JonDeTech Sensors AB (publ) ("JonDeTech" or "the Company") published a prospectus for the fully underwritten rights issue of 3,634,560 shares with preferential rights for the Company's existing shareholders, resolved by the extraordinary general meeting on 10 August 2020 (the "Rights Issue"). The Rights Issue, in which the subscription period ended on 15 September 2020, was heavily oversubscribed and no underwriter undertakings will thus need to be utilised. The Rights Issue will provide the Company with approximately MSEK 36.3 before issue costs.

About the Rights Issue

Shareholders in JonDeTech per the record date on 28 August 2020, had preferential rights to subscribe for shares in proportion to their prior shareholding. A holding of twenty-five (25) shares per the record date entitled to subscription of four (4) new shares at a subscription price of SEK 10,00. The subscription period in the Rights Issue ended on 15 September 2020.

Result

The Rights Issue was fully underwritten. In total, 3,585,157 shares, corresponding to approximately 98.6 percent of the Rights Issue was subscribed by exercise of subscription rights. Additionally, applications corresponding to 6,186,834 shares have been received for subscription without subscription rights. Thus, a total of 9,771,991 shares have been subscribed for (by exercise of subscription rights as well as without exercise of such), corresponding to 269 percent of the Rights Issue. The Rights Issue will provide the Company with approximately MSEK 36.3 before issue costs.

As a result of the Rights Issue, the number of shares will increase by 3,634,560, and the share capital by SEK 138, 903.920530, amounting to a share capital of SEK 1,007,053.423838 in total distributed on 26,350,560 shares. Shareholders who did not subscribe for shares in the Rights Issue in proportion to their shareholding will have their shareholding diluted by 13.8 %, based on the number of shares in the Company after the Rights Issue.

Notice of allotment

Those who have subscribed for shares without subscription rights will be allocated shares in accordance with the principles set out in the prospectus published on 28 August 2020. Notification of allotment to persons who subscribed for shares without subscription rights will be provided by a sent allotment notice in the form of a settlement note. Those who have subscribed for shares without subscription rights through a nominee will receive notification of allocation in accordance with their respective nominee's procedures.

Advisers

Naventus Corporate Finance is the financial advisor of the Company and Roschier is the legal advisor of the Company in connection with the Rights Issue.

For more information, please contact:

Per Lindeberg, CEO JonDeTech, tel: +46 73 870 00 00, e-mail: per.lindeberg@jondetech.se

This information is information that JonDeTech Sensors 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 above, at 19:30 CEST on 17 September 2020.

About JonDeTech
JonDeTech is a Swedish company that develops, and markets patented IR sensor technology based on nanotechnology. The company's IR sensors are down to one-tenth as thick as conventional sensors, built in plastic and can be manufactured in high volumes at a low cost, which opens for a variety of applications in, among other things, consumer electronics and mobile phones. The company was founded in 2008 and is listed on Nasdaq First North Growth Market. Redeye is the company's Certified Adviser, +46-8-121 576 90, certifiedadviser@redeye.se, https://www.redeye.se. Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8.

Important information

The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights or other securities in the Company in any jurisdiction.

This press release may not be released, published or distributed, directly or indirectly, in or in Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, the United States of America or any other jurisdiction where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, registrations or other actions in addition to what follows from Swedish law. Nor may the information in this press release be forwarded, reproduced or disclosed in a manner that contravenes such restrictions or would entail such requirements. Failure to comply with this instruction may result in a violation of applicable securities laws.

The securities referred to in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended ("Securities Act"), or under the securities laws of any state or other jurisdiction in the United States and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or transferred, directly or indirectly, in or into the United States absent exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with securities laws of the relevant state or other jurisdiction in the United States. All offers and sales of securities in connection with any rights offer by JonDeTech will be made, subject to certain limited exceptions, outside of the United States and in reliance on, and in compliance with, Regulation S under the Securities Act. There will be no public offering in the United States.

Within the European Economic Area ("EEA"), no public offering of securities is made in other countries than Sweden. In other member states of the EU, such an offering of securities may only be made in accordance with an applicable exemption in the Prospectus Regulation (EU) 2017/1129.

This press release contains certain forward-looking information that reflects the Company's present view of future events as well as financial and operational development. Words such as "intend", "assess", "expect", "may", "plan", "believe", "estimate" and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development and actual outcomes may differ materially from the statements set forth in the forward-looking information.


Rättelse: Kallelse till extra bolagsstämma i JonDeTech Sensors AB (publ)

På grund av tekniska fel hos Svenska Dagbladet har annons om att kallelse till extra bolagsstämma inte publicerats i rätt tid. På grund härav har följande datum ändrats.


Uppdatering av "Roadmap till högvolymproduktion"

Sedan JonDeTech presenterade sin "Roadmap till högvolymsproduktion" i början av maj så har arbetet i huvudsak löpt på enligt plan. Det strukturerade utvecklingsarbetet fortsätter att på veckobasis ge nya och viktiga resultat, vilket löpande eliminerar tidigare hinder. Det innebär att tidpunkten för production readiness och engineering samples och övriga aktiviteter på längre sikt ligger kvar som tidigare. Vad gäller working samples så fanns en målsättning om färdigställande under andra kvartalet, men i enlighet med den detaljerade plan som presenterats vid ett flertal investerarevents under maj och juni så kommer dessa att bli klara efter sommaren.


JonDeTech Sensors AB och schweiziska PCB-tillverkaren VarioPrint AG förlänger avtalsförhandlingarna

Den 7 januari 2021 meddelade JonDeTech Sensors AB (publ) att man undertecknat ett så kallat term sheet med VarioPrint AG, Heiden, Schweiz. Målsättningen var att före den 30 juni 2021 ingå ett långsiktigt samarbete vad gällde utveckling, produktion och distribution av JonDeTechs sensorelement. Samarbetet med VarioPrint har under det första halvåret stärkts på flera plan, men som en följd av ökade ledtider i pandemins fotspår har förhandlingarna försenats. Bolagen har fram till den 30 september 2021 på sig att komma överens enligt den ursprungliga överenskommelsen.


Kallelse till extra bolagsstämma i JonDeTech Sensors AB (publ)

JonDeTech Sensors AB (publ), org.nr. 556951-8532 ("JonDeTech" eller "Bolaget") håller extra bolagsstämma måndagen den 19 juli 2021 genom poströstningsförfarande.




JONDETECH OFFENTLIGGÖR AVSIKT ATT GENOMFÖRA EN RIKTAD NYEMISSION AV AKTIER

JonDeTech Sensors AB (publ) ("JonDeTech" eller "Bolaget") offentliggör idag avsikten att genomföra en riktad nyemission om cirka 30 miljoner kronor, med möjlighet att utöka nyemissionen, till professionella investerare (den "Riktade Nyemissionen"). Syftet med den Riktade Nyemissionen och skälet till avvikelsen från aktieägarnas företrädesrätt är bland annat för att finansiera utvecklingen av Bolagets produktionsprocess och högvolymstillverkning i enlighet med Bolagets nyligen kommunicerade "Roadmap till högvolymsproduktion", för att möta ökad efterfrågan, förstärka produkt- och affärssidan av verksamheten, för att stärka Bolagets finansiella ställning i allmänhet och ta in kapital på ett kostnadseffektivt sätt samt att ytterligare diversifiera aktieägarbasen.


JonDeTech will be presenting at Redeye Growth Day, 08:30 AM CET, June 2, 2021

The presentation and Q&A session will jointly be held by Leif Borg, Acting CEO, and Jan Johannesson, Head of Strategy, and board member. The presentation will focus on the recently published Roadmap to high volume production and how this connects with the company's go-to-market strategy.


JonDeTech erhåller 500 000 euro i anslag från Eurostars för ett utvecklingsprojekt i samarbete med Schweiziska VarioPrint

JonDeTech erhåller finansiering av Vinnova genom Eurostars för projektet NANOSENSOR. Projektets mål är att i samarbete med Schweiziska VarioPrint färdigställa sensorn JIRS30 och driva utvecklingsarbetet mot högvolymsproduktion. Projektet ligger helt i linje med den "Roadmap till högvolymproduktion" som bolaget publicerade den 5 maj 2021. Anslaget är på cirka 500 000 euro fördelat över 24 månader, VarioPrint har erhållit motsvarande anslag.


Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Nybrogatan 34
Box 5216
SE-102 45 Stockholm, Sweden

08-692 21 90

Om beQuoted