Diskusjon Triggere Porteføljer Aksjonærlister

CrayoNano AS

@Medvind Great. If absent/denied answer, send to chairman and refer to the Norwegian law and the right to escalate to district court, who will then send demand of disclosure.

However, I can see from this update that actually only existing shareholders participated in the last private placement with pref shares:

All of the investors who are allocated New Preference Shares are existing shareholders in the Company or their close associates and have given voting undertakings to vote in favor of the EGM Resolutions.

My hunch now has changed to:
The new CEO is put in place to try to prepare and sell the company, but no buyer is currently obtained. The short-term funding is time buying and the long-term funding with strategic industrial investors is instead an aspiration that was commenced when the new CEO started. The ending of CTO and CFO is about cost savings, and according to the LinkedIn profile of the new CEO, he states explicit he report both tech and finance, and focus is to work with financing. The current Group Controller was also changed to Finance Director.

I may be wrong, and I wanted to believe the company is being acquired because initially everything pointed in that direction. However, as the time has progressed, and the duration is now not going in the favor of imminent acquisition.

New repeated short-term funding with the same players is of high probability this fall, but with the same or higher valuation it might not be dramatic in the short medium term.

However, that the company is sold in 1-3 years, is still almost certain.

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Yes and the latest News about record high shipment was to attract potential investors or buyers
If asked about value/volume I am not so sure if anybody will be impressed though

Last conversation I had with Jens(when he was still there) he said that they are aiming for launching of next gen tech by the end of this year with a smooth merge for existing customers/partners

Kan jo ikke lyve om noe slikt. Konspiratorisk!

? Tror på det, men tror ikke det er snakk så imponerende tall uansett.

@SuperTechInfo

I still believe the process is about preparations towards an already identified buyer of the company.

Anyhow, this fall/Q3 - will be the real grand truth disclosure of everything.

Its either 1) Acquisition by industry 2) No industrial buyers are convinced about the stated revolutionary tech - and continued short-term funding, or as last resort 3) IPO (diverse set of opportunistic investors and exit by old shareholders).

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There might be some milestones which need to be accomplished before a transaction can happen. I.e. blue chip agreements or similar.

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@OzSurfer Noe her som treffer Crayonano ?

De blir jo plassert i hjertet av all utvikling og produksjon av semiconductors i verden, her finnes det sikkert mye kompetanse å dra nytte av, og mulighet for å skape masse gode relasjoner

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En av Crayonanos samarbeidspartnere: TSLC Corporation is a leading LED manufacturer and technology developer located in Hsinchu Science Park, Taiwan.

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CrayoNano has now moved from the first location in Hsinchu Science Park.
They shared offices with SemiLEDs or TSLC (owned by SemiLEDs).

The new location is now in Zhubei City:
Room 5, 14F, No. 8, Ziqiang South Road, Zhubei City, Hsinchu County

The company legal name is actually:
Norwegian company Mingrui Optoelectronics Technology Co., Ltd. Taiwan Branch

Map:

https://maps.app.goo.gl/ky612cSHx2N3oTgJ6

Aha… var ikke klar over at de var i Hsinchu Science Park fra før.

I Hsinchu Science Park jobber det forøvrig 150.000 mennesker. En brukbar by i norsk målestokk.

Det er forunderlig at det ikke er en eneste en som i det minste plukker opp de 4000 aksjene som ligger til salgs på 6.95. De har ligget der lenge nå. Ikke noen som ser på det som er et kupp før avnotering og oppbygging mot info om disse industrielle aktørene

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@Bingo123

It is not strange actually:

  1. They have stated runway to Q3.
  2. No update on long-term funding.
  3. General assembly has voted for delisting, but no updates on that either.
  4. Positions being continuously and steady ended, that might be positive because reaching tech/r&d milestones is often a new phase of commercialization and production, and people usually hired on project-basis in semiconductor industry. However, the company dont take the time to explain shareholders why the numbers of employees has been reduced, and that do not contribute to assurance.

All that matters is contacting chairman Jo Uthus and make him answer questions in accordance with his duty.

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Jo Uthus does not respond anymore.
Seems to me that they are in phase where they don’t feel like talking

With the closing of the R&D lab in Norway and moving all R&D, lab and production to Taiwan during 2022, to be close to partners and foundries, and the latest proven divesting of even furniture, printer etc due to “downscaling” at Trondheim HQ, I think we can expect an announcement of moving the HQ for admin and sales to Germany. Especially after the post yesterday about new office in Taiwan.

Germany is the European hub for semiconductor industry and now CrayoNano CEO, CRO, sales director, and sellers are from Germany. Even R&D manager is residing in Germany, also other techs are in Switzerland. Some other from USA and UK, but no value and benefits of staying in Norway.

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Fikk følgende svar nå på epost sendt 13. august:

Thank you for reaching out and for your continued support of CrayoNano. We appreciate the concerns you have expressed regarding the recent share issuance and private placement.

At CrayoNano, we prioritize clear and consistent communication to ensure our shareholders are well-informed. In compliance with regulatory guidelines, we post notices and updates on our website and to the OTC for shareholder related matters. You can access the relevant notices for the share capital increase registration on July 4th for the private placement and July 15th for the subsequent offering through the following links:

· CrayoNano | CrayoNano AS Registration of Share Capital Increase

· CrayoNano | CrayoNano AS: Share capital increase and Subsequent…

· CrayoNano | Close of subsequent offering of preference shares

We are committed to maintaining full compliance with regulatory requirements in all our disclosures and while we can provide a shareholder registry upon request, we don’t disclose individual transactions, such as those related to the private placements and subsequent offerings.

Thank you again for your message. Please feel free to reach out if you have any further questions or concerns.

Best regards,

CrayoNano Investor Relations

CrayoNano AS
Sluppenvegen 6, 7037 Trondheim, Norway
www.crayonano.com

Er kanskje et godt nok svar, forståelig med at de ikke discloser transaksjoner - GITT at det ikke er nye aksjonærer som har fått tildeling i den rettede emisjonen (min mening, ikke juridisk).

Kom gjerne med synspunkter. Svarer med å spørre om en “updated shareholder registry”.

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This actually very simple.
By law all Norwegian companies are at all times responsible to keep en updated shareholders list, and they are obliged to deliver it upon requests, to both other shareholders and non-shareholders.

They obviously do not want to disclose it, thats strange. Your are asking for the updated shareholders bookkeeping aka “aksjonærbok”, not transactions. The shareholders list do not make a difference of share classes.

Send it to the chairman Jo Uthus and vice chair Rinnan and refer to the law.

rune.rinnan@ntechgroup.no

jo.uthus@crayonano.com

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Be om updated shareholder registry. Du kan vel også be om sharholders registery for årsskiftet? Det klarer vi vel uansett å finne på nett, og da klarer vi å gjøre matten selv…

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