Photocat A/S extends it subscriptions period for its initial public offering on Nasdaq First North
(Thomson Reuters ONE) -
Due to large interest from investors and media as a result of the auto
industry's handling of nitrogen oxides (NOx), Photocat has decided to extend its
subscription period for its initial public offering on the Nasdaq First North.
Photocat has developed products that degrade nitrogen oxide (NOx) and volatile
organic compounds (VOC). The last day for subscription is extended to Wednesday
14 October 2015.
The Danish cleantech company Photocat, has a patent protected technology that
cleans air from toxic particles such as nitrogen oxide (NOx) and volatile
organic compounds (VOC) announces hereby an extension of its subscription period
in regards to its upcoming listing on Nasdaq First North Stockholm. Final day
for subscription is extended to Wednesday 14 October 2015.
The Company CEO, Michael Humle, explains the decision to extend the subscription
period: "We have during the last few days received a lot of requests and
questions from both media and investors regarding our Company and our
technology. We see that the problem our technology sets out to solve recently
caught worldwide interest due to the news surrounding Volkswagen and their false
emission tests. We want to have the possibility to participate in this debate
and answer questions from both investors and media regarding our company and our
technology. It does however require time and resources to participate in this
debate and to be available for journalists. We have therefore chosen to extend
the subscription in order to answer questions from our potential new investors."
Photocat A/S will in conjunction with its listing raise up to 22.5 million
Swedish kroners in order to increase momentum in their ongoing international
commercialization. Redeye acts as Photocats financial advisor in this initial
public offering.
For more information, contact:
Michael Humle, CEO at Photocat Adam Sagedahl, Executive Assistant at Photocat
Tel: +45 22 10 25 23 Tel: +45 42 75 95 46
e-mail: michael(at)photocat.net e-mail:sa(at)photocat.net
Press release (PDF):
http://hugin.info/170778/R/1955979/712355.pdf
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Photocat A/S via GlobeNewswire
[HUG#1955979]
Unternehmensinformation / Kurzprofil:
Datum: 01.10.2015 - 11:57 Uhr
Sprache: Deutsch
News-ID 424095
Anzahl Zeichen: 2970
contact information:
Town:
Roskilde
Kategorie:
Business News
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