Initiation of process for capital increase to take advantage of new growth opportunities, updated financial calendar
Facing major new commercial opportunities in the vertical farming and UV-C disinfection markets while at the same time anticipating funding needs for production capacity, spin-offs and continued corona-related uncertainty, LED iBond’s Board of Directors finds it commercially prudent to initiate a process for a capital increase to further strengthen the company’s capital base.Aiming for substantial international growth in coming years, LED iBond International A/S (LED iBond, the “Company”) completed an initial public offering in June 2020 to strengthen the Company’s balance sheet for the