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PRESS RELEASELund, May 4, 2022 Terranet AB (publ) (Nasdaq: TERRNT-B) today shares an update on the development of its BlincVision technology, next steps in the development process and the key milestones
Terranet AB (NASDAQ: TERRNT B) teams up with NEVS to explore innovative applications of its VoxelFlowTM technology to redefine urban road safety enabled by its unrivalled detection speed Lund, Sweden
Lund, Sweden, November 4, 2021 - Terranet AB (TERRNT B), developers of advanced driver-assistance software (ADAS) that specifically addresses safety and comfort through precise, fast, and intelligent sensor
On the 6th of October Terranet is invited to participate at the Redeye autotech event together with prominent leaders in the Swedish autonomous and electric vehicle space. In this event you can learn more
As previously communicated in Swedishon the 25th of May, 2021. Lund, Sweden - June 3rd, 2021 - Terranet AB, an accelerator program designed to nurture startups revolutionizing industries with advancements
Terranet: Recalculation of warrants of series TO3 B TerraNet Holding AB ("Terranet" or the "Company") will, in accordance with the terms for the issued warrants of series TO3 B, perform a recalculation of the terms for the warrants as a consequence of the directed issue of warrants that was made public on April 22, 2021. Recalculation will be applied to both the exercise price for the subscription of shares through exercising warrants and to the number of shares that each warrant entitles the holder of the warrant to subscribe for. Information concerning the recalculation is described in further detail below. Warrants of series TO3 B
Terranet: Announcement from TerraNet Holding's annual general meeting Announcement from TerraNet Holding's annual general meeting The annual general meeting of TerraNet Holding AB (" TerraNet" or the " Company") was held today on 29 April 2021 and the following resolutions were passed by the meeting. ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEET The annual general meeting resolved to adopt TerraNet's income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet. DISTRIBUTION OF PROFIT The annual general meeting resolved to treat the result in accordance with the proposal of the board of directors in the annual report, meaning that the result is carried forward.
(0) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. TerraNet Holding AB ("TerraNet" or the "Company") has entered into a loan agreement of SEK 35 million with Formue Nord A/S (the "Lender") to finance the Company's acquisition of 10.84% of holoride as communicated in a separate press release (the "Loan"). Further, the Company has, with support from the authorization received from the annual general meeting on May 15, 2020, decided to issue warrants in two series, series TO4 B and series TO5 B. A total of 14,319,634 warrants of series TO4 B and 12,321,546 warrants of series TO5 B will be issued (the "Warrants"). The Warrants will be distributed equally between the Lender and the current shareholders of the Company. The record date for current shareholders to receive warrants of series TO4 B and TO5 B free of charge will be communicated through a separate press release as soon as possible.
(1) Today, March 12, 2021, is the last day of trading with the warrants of series TO2 B in TerraNet Holding AB ("TerraNet" or "the Company"). The subscription period for the warrants of series TO2 B runs until March 19, 2021. Each warrant of series TO2 B gives the owner the right to subscribe for one (1) new B-share in the Company. The exercise price for the warrants of series TO2 B is SEK 0.80 per B-share. Please note that trading and exercise of warrants of series TO2 B that are nominee registered must be conducted in accordance with instructions from each respective nominee. Owners of warrants of series TO2 B should contact their nominee for further instructions.