Business Update: October 2024
Trondheim, Norway—Following our Extraordinary General Meeting (EGM) on 3rd October 2024, and taking reference to our market update dated Sept 12th 2024, the shareholders approved all agenda items outlined in the 19th September 2024 notice, granting the board the necessary mandates to pursue a capital raise aligned with our revised business plan, a step toward securing the financial foundation essential for our future growth.
We have also secured a short-term bank instrument to provide immediate liquidity, ensuring continued support for our operations. Additionally, we have made significant strides in resolving a customer dispute, contributing to greater operational stability.
The overall situation remains as previously reported, with these positive developments we remain confident in our ongoing efforts to strengthen the company and capitalize on future opportunities.
For further information, please contact:
Jo Uthus, Chairman
Phone: +47 72 90 98 60
Mail: investor@crayonano.com
About CrayoNano
Founded in 2012, CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway, CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.