Press releases

Jiuyou Fund's transfer of funds delayed awaiting opening of custody account

As previously announced, JonDeTech Sensors AB (publ) and the Chinese tech-fund Jiuyou Fund has entered into a binding agreement regarding an investment of SEK 40 million, and that the investment will carried out through a transfer of SEK 20 million to a Swedish bank account of JonDeTech today, May 15, 2020 at the latest, and that the remaining SEK 20 million will be transferred in local currency to a wholly-owned subsidiary of JonDeTech in China. Technically, SEK 20 million in Sweden constitutes the issue proceeds and the remaining SEK 20 million in China will be contributed to JonDeTech as a condition for the investment.

Jiuyou Fund has today informed the board of JonDeTech that the transfer of SEK 20 million to a Swedish bank account of JonDeTech has been delayed due to technical reasons relating to Jiuyou Fund's opening of a custody account. The board of directors has, based on these reasons, approved an extension of the subscription and payment period for the share issue.

For further information, please contact:

Per Lindeberg, CEO JonDeTech, Phone: +46 73 870 00 00, Email: per.lindeberg@jondetech.se

This information is information that JonDeTech 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 below, at 8.05 pm CEST on May 15, 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.

Files for download
2021-01-07
Regulatory

JonDeTech Sensors AB (publ) and Varioprint AG, Heiden, Switzerland, have today signed a so-called term sheet, meaning that negotiations regarding a long-term collaboration regarding the development, production and distribution of JonDeTech's sensor elements will begin. The goal is to have reached a consensus by 30 June 2021 on issues concerning, among other things, forms of cooperation, financing, organization, volume targets and production units related to target markets.

2020-10-16
Regulatory

To enable share-based commission to the underwriters in the rights issue carried out by JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company"), the Company has issued 436,144 shares by way of a set-off issue. The set-off issue was registered with the Swedish Companies Registration Office on 16 October 2020.

2020-09-17
Regulatory

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.

2020-08-28
Regulatory

The prospectus relating to the rights issue in JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") of approximately a maximum of MSEK 36.3 before issue costs has today on 28 August 2020 been approved and registered by the Swedish Financial Supervisory Authority. The prospectus is available on the Company's website www.jondetech.se as well as on Hagberg & Aneborn's website www.hagberganeborn.se.

2020-07-24
Regulatory

An extraordinary general meeting of JonDeTech Sensors AB (publ), reg. no. 556951-8532 (the "Company") will be held on Monday, 10 August 2020. Due to the current circumstances the general meeting will be held by way of a postal voting procedure, meaning that no shareholders will be participating at the general meeting in person or by proxy. Instead, shareholders may participate at the general meeting by voting and asking questions in advance in accordance with the instructions below.

2020-07-20
Regulatory

JonDeTech Sensors AB (publ) ("JonDeTech" or the "Company") announces today that the board of directors has resolved to carry out a 100% underwritten rights issue of MSEK 36.45 as well as to carry out a directed share issue of MSEK 18.45. Both share issues are carried out at a subscription price of SEK 10.00 per share. The rights issue requires approval by an extraordinary general meeting, which is planned to be held on 10 August 2020.

2020-07-14
Regulatory

This is the third project that JonDeTech and Chinese OFILM are working on together. The collaboration has already been initiated and the development agreement concerns a module to detect presence in laptops - a cornerstone in Intel's innovation program Project Athena. Turning off power-intensive functions when no one is in front of the computer reduces energy consumption and increases battery life.

1
2
3
jiuyou-funds-transfer-of-funds-delayed-awaiting-opening-of-c-77787

Subscribe

Press releases and reports via E-mail.