CrayoNano AS – Status of subscriptions and extension of subscription period
Trondheim, Norway—Reference is made to the announcement by CrayoNano AS ("CrayoNano" or the "Company") on 3 December 2024 where the Company provided a company update and details regarding a potential capital raise through the issuance of a convertible loan (the "Convertible Loan").
The subscription period for the Convertible Loan expired today at 17:00 hours (CET). The Company has received subscriptions and indications for a substantial part of the minimum amount of NOK 15 million to be raised through the Convertible Loan, and have active initiatives towards various stakeholders for additional subscriptions to reach the minimum amount. To facilitate these ongoing discussions the board of directors of the Company have resolved to extend the subscription period until Tuesday 17 December at 17:00 hours (CET).
Please see the announcement made by the Company on 3 December 2024 for further details about the Convertible Loan.
For further information, please contact:
- Jo Uthus, Chairman, jo.uthus@crayonano.com
- Rune Rinnan, Vice-Chairman, rune.rinnan@ntechgroup.no
About CrayoNano AS
CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC and Americas. 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”.