Tildeling på 6,8% av innehav sånn ca hos meg.
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Eligible Shareholders will be granted 0.06969 non-tradable subscription rights
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Blir rart å kjøpe på 14 nå, men det er vel sikkert lurt 
Hva mener du?
Om det er lurt å kjøpe preferanse aksjer til 14 kr?
Ja, det er det jeg lurer på. Er nok lurt det ja
Jeg tar alle preferanseaksjene jeg er tildelt, uten tvil.
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Men det er først i morgen det er mulig å ta action og da gjør man det ved å logge inn i VPS?
Tegner i VPS ja.
Fra og med i morgen
"The subscription period for the Subsequent Offering commences on 21 June 2024 at 09:00 CEST and will end on 28 June 2024 at 16:30 CEST (the " Subscription Period “).”
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Timeline of Corporate Events
- October 2023 :
- Leadership Change : The old CEO becomes Chairman of the board to focus on equity financing and strategy. The former Chairman moves to the Vice Chair position. The Vice Chair represents the largest shareholder in the company with 14% of total shares.
- December 2023 :
- RSU Compensation : The board changes compensation for board members from monetary to Restricted Stock Units (RSUs) at a higher stock price than the last trading price on the N-OTC platform.
- Option Extension Proposal : The board suggests voting in the general assembly to extend the expiration of the old options given to the former CEO (now Chairman), which had expired.
- January 2024 - April 2024 :
- Reduced News Flow : The company has a period of significantly reduced news flow, with minimal public announcements.
- May 2024 :
- New CEO Appointment : The company announces the appointment of a new CEO with 17 years of experience from Osram, the largest company in the same sector.
- June 2024 :
- Financing and New Share Class : The company announces it is in two processes for financing – short-term and long-term. The short-term funding involves participation from the current largest shareholders and introduces a new preference share class with a 3x multiple on liquidation.
- Delisting Proposal : At the same time as voting for the newly introduced share class, the board and some participating shareholders in the short-term funding suggest delisting the company from the N-OTC platform.
Summary Interpretation
The sequence of these events, particularly the strategic leadership changes, the shift to RSU compensation, the extension of options, the appointment of a new CEO, the introduction of new preference shares, and the proposal to delist, all indicate a company preparing for significant corporate restructuring. The actions align with typical pre-acquisition strategies, suggesting a high likelihood of the company positioning itself for a potential M&A deal.
Likelihood of Acquisition : With the added context of the delisting proposal, the probability that the company is soon to be acquired is rated at 9.5 out of 10.
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Noen som har fanget opp når selskapet fjernes fra NOTC?
After watching the full video of NTG Capital Markets Day, I would agree with the ChatGPT analyses posted. Everybody needs to watch it. My personal meaning after the corporate events the last months in context of what they say, they are actively selling the company. Anybody disagrees?
Rinnan also talked about the ongoing potential industrial actors for CondAlign, and said they are open to sell portion of their stock, or everything if that is a requirement, as long as it gives value to NTG shareholders.
Short summary:
All presenters used over 20min, and CrayoNano was last in line with only 10 minutes and the whole event was finalized before time, which Rinnan made a point of. Chairman Uthus opened with full confidence and the following statement.:
“There will be no video and no fancy slides about the technology, but slides about what really matters, commercial traction.”
Then he only focused on mainly 2 slides, sales funnel and order book, with a tiny example of use in dryer.
Here is specifically what was said:
Uthus:
“Rune and I have for a long time, several years, worked with Thomas Dobbertin who comes from Osram. There he had P&L responsibility for half a billion euros. Thomas wanted a new career step in his life.”
“Today we are working with a slightly different structure on the cap table, bringing in industrial players with a footprint in the market. This will strengthen the company and accelerate further commercial growth.”
Rinnan:
“At Crayonano, we work with various industrial constellations. NTG has 14%, so we just want to help move this ship forward. It is very exciting that we have managed to build a semiconductor company that now has revenue and orders.”
“For both Condalign and CrayoNano, we are flexible, there are industrial players, and we stay up-to-date with what comes to the table.”
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Major significant news.
CTO in Taiwan (newly appointed in Oct 2023) and CFO is leaving the company.
As part of the new CEOs assessment of the operation, there will be some changes to the organization. The company has reached an agreement with the current CTO and CFO to resign from their positions.
The CTO was just appointed in October 2023 with the following satetement:
Current CEO Jo Uthus proposed as Chairman of the Board, succeeding Rune Rinnan who will step down from chairman position to vice chair of the board. UV-C LED industry veteran Dr. Ryan Chuo has taken the role of CTO to accelerate the UV-C LED technology development from CrayoNano’s Taiwan office.
15 Feb 2024:
A key undertaking in 2023 was establishing a strong leadership team in Taiwan. During the year we hired a new CTO, a UV-C LED technology veteran adding further experience at C-level, and a General Manager with over 15 years of UV LED industry experience. This was accompanied by the transition of further operations to Taiwan and the reorganisation of people into customer-facing roles to support both our growing global design-in activity as well as more efficient operations.
Kilde?
Spennende tid å være aksjonær.
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So the company is no longer in need of own CTO and CFO.
In the light of scaling up and commercialization and in the stated process with industry strategic long term investors with a footprint and synergy in the market.
Mr Dobbertin is on a mission.
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