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CondAlign

Information about the contemplated issuance of convertible debt
Company news
2025-02-17 17:01:06
Reference is made to the N-OTC announcement published by CondAlign AS on 7 February 2025 regarding that Condalign need to secure additional funding to finance the current business to facilitate continued strategic discussions.

CondAlign has initiated an application period for a convertible loan to raise a minimum of NOK 9,000,000. The convertible loan can be converted into units of shares in the existing share classes of preference shares and ordinary shares at a conversion price of NOK 8 per unit. Each unit includes 1 preference share and 50 ordinary shares. The convertible loan will be contingent upon approval by an extraordinary general meeting of the Company.

The transaction is directed at 1) existing shareholders in the Company as of 4 February 2025, as registered in the VPS on 6 February 2025, in reliance on applicable prospectus exemptions who have not expressly informed the Company that they will not subscribe for the convertible loan (“Tranche 1”); 2) an institutional offering directed towards qualified investors in accordance with applicable prospectus exemptions (“Tranche 2”); and 3) existing and former employees and board members of the Company in reliance on applicable prospectus exemptions, expired at 17:00 hours CET on 17 February 2025.

The minimum amount of NOK 9,000,000 have been met within the end of the subscription period, but the board of directors of CondAlign have resolved to extend the application period until 16:00 hours CET on 21 February 2025 to further increase the amount

Tok et lodd…så får man se om det var smart ilp av 2 mnd tenker jeg…

Fristende i og med de fikk inn min beløp. Mer hold i dette caset enn Crayonano

Tatt et lodd selv

Jeg tok et lodd i forrige runde, og vurderer å ta enda ett.

Ved forrige runde var det 4 due diligence som pågikk. Av disse så er det fler enn 1 som er videre i prosessen. Det er håp om avklaring i løpet av runway som kommer med denne runden. Håpet er et salg av hele selskapet.

Med strukturen som legges nå blir gamle aksjer fullstendig utvannet, med minst ca 60 mill nye aksjer denne runden.

Denne hadde jeg helt glemt og avskrivet som cnano. Tok et lodd nå

Blir spennende! Håper de klarer å gjennomføre 0

Intervju med Harald Brevik (CEO CondAlign) - Tapecon:

CondAlign og Tapecon inngikk partnerskap med Tapecon i august i 2024.

Bra video-pod. Viser mange av produktene de kan integreres i.

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## CondAlign – convertible loan successfully places and notice of general meeting ### Company news ### 2025-02-24 08:27:37
Reference is made to the NOTC announcement by CondAlign AS (“CondAlign”) on 7 February 2025 regarding the contemplated capital raise through the issuance of a convertible loan. CondAlign is pleased to announce that it has received applications for the convertible loan for a total amount of NOK 9,640,000.

The investors who have been allocated parts of the convertible loan will receive a confirmation regarding the allocation within one week after the expiry of the application period, including payment details. The proceeds from the convertible loan can be disposed of by CondAlign before the extraordinary general meeting referred to below, as further set out in the application form.

To formalize the convertible loan pursuant to the Norwegian companies act the Board of Directors of CondAlign hereby convenes an extraordinary general meeting to be held on 10 March 2025. The notice of the general meeting including appendices are attached to this announcement and will also be made available on CondAlign’s website.

For more information, please contact:
Harald Wahl Breivik
CEO CondAlign AS|

Ikke mye ekstra cash de fikk inn etter forlengelsen, siden minstenivået på 9 mill allerede var sikret

The representatives of CondAlign also provided a company update during the EGM. As previously announced, CondAlign and the Board are in the process of identifying strategic alternatives. The discussions are at an early-phase stage. To extend the cash runway while these discussions are ongoing, the Board has decided to implement certain cash preventive measures, including a reduction of workforce through layoffs. CondAlign’s CFO has also delivered a notice of resignation and will transition out of his role to assume a new role during the next weeks. On this background, and based on the assumed cash burn rate, CondAlign expects the cash runway to be extended to the beginning of June 2025. This is under the assumption that the convertible loan that was placed on 11 November 2025 and which falls due in April 2025 is either converted or extended in full.

Redd så lenge Rinnan er involvert så ender dette også i skifteretten.

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Huff. Ja formuleringen i meldingen tilsier det

Kom i dag Q4 tallene:

## CondAlign - Q4-2024 results ### Company news ### 2025-03-26 14:43:24
Condalign’s traction in the market in Q4 2024 and 2024 as a whole was strong reaching close to 400 leads and more than 50 paying customers. The feedback continues to be consistently positive, often surpassing that of our competitors. There are ongoing discussions regarding high volume RFQ’s that we expect to increase steadily and be materialized in 2025.

In November Condalign launched E-Align25 - the next generation of anisotropic conductive film, developed for electronic bonding of smaller components. The final result has the potential to deeply change the electronics industry. E-Align25 is the only electrically conductive adhesive on the market capable of cold bonding fine electronic devices and components, without the need for high temperature/pressure curing, during or after application. Compared to other solutions available in the market, E-Align25 has better conductivity performance, reduced carbon footprint, while being cost-efficient and easier to apply.

On Thermal Interface Materials (TIM) for electric vehicle batteries and electronics applications we continue to see a wider market potential for our products. During Q4, we had strong progress with our TIM material and we expect to launch T-Align in Q1/Q2 2025. The TIM market is expected to grow rapidly in the years to come and we see strong interest in the ongoing commercial discussions we have with different parties.

Securing the growing interest with large scale production through a CMO is going according to plan, and we look forward to announce the details early 2025.
Financially, revenues for the fourth quarter of 2024 ended at NOK 0.1 million, down from NOK 0.2 million in the same period last year. Operating profit ended at negative NOK 7.6m compared to negative NOK 3.8m in the same quarter last year. As communicated on NOTC, Condalign secured NOK 10.4m in a convertible loan in December 2024. This funding will secure time for building of customer backlog as well as attracting strategic partners.

As communicated in previously, CondAlign are in the process of identifying strategic alternatives for the company. The discussions are ongoing and may involve a sale of assets or shares in CondAlign. No guarantees can be given at this stage as to whether any of these discussions may materialize or the timing of any transaction.|

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Mye av det samme som i Crayonano dessverre… Ikke lovende. Fingers crossed!

Når de snakker med mulige kjøpere så skulle de fjernet Rinnan helt fra all kommunikasjon, hjemmesider osv

Eier du her og NTG og? Du har virkelig hatt uflaks.

Condalign ja

𝐋𝐚𝐮𝐧𝐜𝐡 𝐚𝐥𝐞𝐫𝐭!
:loudspeaker: Coming soon: New product from CondAlign!

We’re proud to announce our upcoming launch of TIM-Align100, the first product in our Thermal Interface Material (TIM) portfolio.

:fire: TIM-Align100 is a 100 µm thick thermal transfer tape, ideal to bond heat sinks to electronic components such as CPUs, GPUs, LEDs and other heat generating components. The tape helps to transfer the heat generated by the components to the heat sink more efficiently, thereby improving the performance and reliability of the electronic device.

:point_right: TIM-Align100 is produced with the same technology as our E-Align products range and is therefore a very cost competitive and sustainable alternative to comparable products. This technology allows for excellent performances with very low filler contents. The TIM-Align100 shows a thermal impedance close to 1 K cm²/W, with a thermal conductivity at 1 W/m K, which is exceptionally good for a thermal transfer tape.
The Data Sheet with all performance data will be released at launch.

:star: Using thermal tape has several advantages over other types of thermal interface materials such as thermal paste or thermal grease. Some of the benefits are:
:+1: Easy to apply: There is no need for special equipment or tools. It is as simple as peeling off the backing and pressing the tape onto the surface.
:+1: Mess-free: Compared to thermal paste or grease, which can be messy and difficult to clean up, thermal tape is clean and easy to handle.
:+1: Thin and lightweight: Thermal tape is thin and lightweight, which makes it ideal for applications where space is limited, or weight is a concern.
:+1: Durable: Thermal tape is durable and provides a long-lasting and reliable thermal interface between two surfaces.

These days the team is busy performing the last quality and process inspections before starting the regular production.

Soon you can see the TIM-Align100 products in our web-shop, ready for ordering.
We’ll update you!
Stay tuned!

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