Press releases

JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") hereby announces that Nordic Growth Opportunities 1 (the "Investor") has requested a subscription of shares in the Company in accordance with the financing agreement that JonDeTech announced through a press release on 29 April 2023 (the "Financing Agreement").

On April 29, 2023, JonDeTech Sensors AB entered a financing agreement with Nordic Growth Opportunities 1. The financing solution is a credit line of SEK 23.21 million, divided into thirteen tranches. Except for three mandatory tranches, JonDeTech can use the entire amount over a maximum of 24 months. JonDeTech has now used the first tranche, which amounts to SEK 2.33 million.

The shareholders of JonDeTech Sensors AB (publ), reg.no 556951-8532 (the "Company"), are hereby convened to the annual general meeting on 28 June 2023 at 10:00 am CEST at the offices of Eversheds Sutherland Advokatbyrå at Sveavägen 20, 111 57 Stockholm. Registration begins at 9:45 am CEST.

The board of directors of JonDeTech Sensors AB ("JonDeTech" or the "Company") has decided to postpone the annual general meeting to June 28, 2023. The previously communicated date for the annual general meeting was May 25, 2023.

JonDeTech Sensors AB (publ) ("JonDeTech" or "the Company") has entered into a financing agreement with Nordic Growth Opportunities 1 ("the Investor"). The financing solution constitutes a credit facility and enables the Company to utilize up to SEK 23.21 million from the credit facility during a 24-month period, divided into thirteen (13) tranches. Repayment of each tranche that is called upon will be made through set-off issuances, where the Investor will receive newly issued shares in the Company.

Since JonDeTech received Working Samples of the JIRS30 nanosensor element on November 11, 2022, all focus has been on the next step in development, Engineering Samples. Achieving this requires repeatability in the final production process for high-volume manufacturing with a locked base recipe. Now, the company has received delivery of sensor elements with ES potential, enabling shipment of sensor elements to customer.

The shareholders of JonDeTech Sensors AB (publ), reg.no 556951-8532 (the "Company"), are hereby convened to the annual general meeting on 25 May 2023 at 10:00 am CEST at the offices of Eversheds Sutherland Advokatbyrå at Sveavägen 20, 111 57 Stockholm. Registration begins at 9:45 am CEST.

In our newsletters that come out 3-4 times a year, we summarize the latest events and progress in JonDeTech. The goal is to give you, the reader, a better understanding of the current situation as we try to tie together the press releases and other news that regularly comes out. As they usually provide insights into specific events in the company's development.

In the spring of 2022, JonDeTech signed a strategically important agreement with a cooperation partner in Taiwan. The agreement created the conditions for participation in developing an IR sensor solution based on an application specific integrated circuit, a so-called ASIC. As a step in the continued development towards a finished product ready for implementation in consumer electronics, JonDeTech has received a smaller order consisting of the JIRS10 sensor element and a modified frame for adaptation to their new production equipment. The objective is to produce the first prototypes. As the order concerns a relatively small amount of sensors for development purposes, the order value is also accordingly.