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Asetek (ASETEK.OL) is the global leader in liquid cooling solutions for data centers, servers and PCs. Founded in 2000, Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan. Asetek is listed on the Oslo Stock Exchange. For more information visit http://www.asetek.com.

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  • Asetek A/S
    Assensvej 2 DK-9220 Aalborg East Denmark
    +45 2080 7200
    96450047
    http://www.asetek.com
  • Asetek A/S
    Assensvej 2 9220 Aalborg East Denmark
    +45 9645 0047
    http://www.asetek.com
  • Peter Dam Madsen

    Chief Financial Officer


    Assensvej 2 DK-9220 Aalborg, Denmark
    +45 9645 0047
    +45 2080 7200
    http://www.asetek.com
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    Results of the rights issue

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Asetek A/S (the "Company" or "Asetek") today announces that 219,925,366 new shares (the "New Shares") offered under the rights issue announced by the Company on 2 December 2024 (the "Offering") have been subscribed for. The total number of New Shares subscribed for corresponds to gross proceeds accruing to the Company of DKK 87,970,146.4 corresponding to

    More than the minimum number of new shares subscribed for and rights issue expected to be completed

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS AN INDICATION OF AN EXPECTATION ONLY AND SHOULD NOT BE INTERPRETED OR CONSTRUED AS A STATEMENT ON THE ACTUAL RESULT OF THE OFFERING NOR A CONFIRMATION THAT IT WILL BE COMPLETED. SEE BELOW UNDER "IMPORTANT INFORMATION". Asetek A/S (the "Company" or "Asetek") today announces that it has received subscriptions during the subscription

    CORRECTION Transactions of executives and related parties in Asetek shares

    In the  press release distributed at 08:42 on December 17 2024 it was stated that Chief Executive Officer of Asetek A/S André Sloth Eriksen has on 16 December 2024 exercised 1,500,00 preemptive rights to subscribe for an equal quantity of shares at a price of DKK 0.40 per share. The amount of preemptive rights was wrong. Chief Executive Officer of Asetek A/S André Sloth Eriksen has on 16 December 2024 exercised 1,500,000 preemptive rights to subscribe for an equal quantity of shares at a price of DKK 0.40 per share For further information, please contact: Per Anders Nyman, Head

    Transactions of executives and related parties in Asetek shares

    According to the Market Abuse Regulation art. 19, Asetek A/S (the "Company") announces to have received notifications regarding transactions in the Company's shares and related securities by persons discharging managerial responsibilities and persons closely associated with them. Reference is made to the company announcement of 2 December 2024 regarding the Company's rights issue with pre-emptive subscription rights for the Company's existing shareholders (the "Offering"). The Offering comprises at least 150,000,000 new shares and up to 294,941,676 new shares with a nominal value of DKK

    Transactions of executives and related parties in Asetek shares

    According to the Market Abuse Regulation art. 19, Asetek A/S (the "Company") announces to have received notifications regarding transactions in the Company's shares and related securities by persons discharging managerial responsibilities and persons closely associated with them. Reference is made to the company announcement of 2 December 2024 regarding the Company's rights issue with pre-emptive subscription rights for the Company's existing shareholders (the "Offering"). The Offering comprises at least 150,000,000 new shares and up to 294,941,676 new shares with a nominal value of DKK

    Transactions of executives and related parties in Asetek shares

    According to the Market Abuse Regulation art. 19, Asetek A/S (the "Company") announces to have received notifications regarding transactions in the Company's shares and related securities by persons discharging managerial responsibilities and persons closely associated with them. Reference is made to the company announcement of 2 December 2024 regarding the Company's rights issue with pre-emptive subscription rights for the Company's existing shareholders (the "Offering"). The Offering comprises at least 150,000,000 new shares and up to 294,941,676 new shares with a nominal value of DKK

    ASETEK - Transactions of executives and related parties in Asetek shares

    Announcement of transactions of executives and related parties in Asetek shares. According to the Market Abuse Regulation art. 19, Asetek A/S (the "Company") announces to have received notifications regarding transactions in the Company's shares and related securities by persons discharging managerial responsibilities and persons closely associated with them. Reference is made to the company announcement of 2 December 2024 regarding the Company's rights issue with pre-emptive subscription rights for the Company's existing shareholders (the "Offering"). The Offering comprises at least

    Invitation to investor presentation via webcast on Wednesday, 4 December 2024

    Asetek will host a webcast for investors and financial analysts on Wednesday 4 December 2024, at 11am CET. CEO André Sloth Eriksen and CFO Peter Dam Madsen will comment on the background for the communicated rights issue. The presentation is expected to last up to one hour, including Q&A. All participants wishing to join the webcast are required to pre-register using the following link: https://hca.videosync.fi/2024-12-04-presentation/register 

    Asetek A/S - Publishes prospectus and initiates right issue

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Aalborg, 2 December 2024 Asetek A/S (the "Company" or "Asetek") today announces the initiation of a rights issue (the "Offering") at a subscription ratio of 3:1 and subscription price of DKK 0.40 per new share. The Offering comprises at least 150,000,000 new shares and up to 294,941,676 new shares, which are issued with pre-emptive rights to subscribe for

    ASETEK A/S - Outcome of extraordinary general meeting held on 29 November, 2024

    Aalborg, November 29, 2024 - Asetek A/S ("Asetek") today held an extraordinary general meeting at its offices in Aalborg, Denmark, with the following results: · The proposal to authorise the Board of Directors to increase Asetek's share capital and issue new shares with pre-emptive rights for the existing shareholders was adopted. · The proposal to authorise the chairman of the general meeting was adopted. Minutes from the Extraordinary General Meeting will be published on Asetek's website within two weeks For further information, please contact: Chief Financial Officer,

    Asetek has entered into liquidity arrangement with Jyske Bank A/S

    Asetek A/S (the "Company") has entered into a liquidity providing agreement with Jyske Bank. Service has commenced on 30 March 2024. The agreement can be terminated with one month's notice. The spread of the bid and offer prices is a maximum of 4 per cent calculated on the bid price. The quotes on bid and offer must be at least 20,000 Danish kroner worth of shares. The intention is to promote liquidity in the share. Jyske Bank A/S shall quote bids and offers for the Company's share in the trading system of Nasdaq Copenhagen on each trading day for at least 85 percent of the continuous

    Update to financing agreements and capital need in the medium term

    In reference to the company announcements on 7 November 2024 regarding the strengthening of Asetek's financial position through a contemplated rights issue and Q3 2024 financial results, Asetek A/S (the "Company") announces updates on its financing arrangement. Following constructive dialogue with its primary financing source (the "Bank"), the Company has received a waiver from the Bank in respect of the announced earnings covenant breaches. As a result, the Company is no longer in breach of its financing agreement with the Bank. Additionally, the Company and the Bank have agreed on

    ASETEK A/S – Major shareholding announcement

    Asetek A/S (the "Company") has been informed that Nordic Compound Invest A/S on 15 November 2024 held 10,204,973 Asetek shares and thereby more than 10% of the share capital and voting rights of the Company. For further information, please contact: Per Anders Nyman, Head of Investor Relations Mobile: +45 2566 6869 e-mail: investor.relations@asetek.com About Asetek Asetek (ASTK), a global leader in mechatronic innovation, is a Danish garage-to-stock-exchange success story. Founded in 2000, Asetek established its innovative position as the leading OEM developer and producer

    ASETEK A/S – Major shareholding announcement

    Asetek A/S (the "Company") has been informed that Nordic Compound Invest A/S (company reg. (cvr.) no. 41381205) on 12 November 2024 held 8,040,050 Asetek shares and thereby more than 5% of the share capital and voting rights of the Company. For further information, please contact: Per Anders Nyman, Head of Investor Relations Mobile: +45 2566 6869 E-mail: investor.relations@asetek.com About Asetek Asetek (ASTK), a global leader in mechatronic innovation, is a Danish garage-to-stock-exchange success story. Founded in 2000, Asetek established its innovative position as the

    ASETEK A/S – Major shareholding announcement

    Asetek A/S (the "Company") has today been informed that SEB Investment Management AB has decreased their direct and indirect holding of Asetek shares. Following this SEB Investment Management AB holds 4.40% of the shares and voting rights of the Company. The major shareholder notification is enclosed to this company announcement. For further information, please contact: Per Anders Nyman, Head of Investor Relations Mobile: +45 2566 6869 e-mail: investor.relations@asetek.com About Asetek Asetek (ASTK), a global leader in mechatronic innovation, is a Danish garage-to-stock-

    Asetek’s New EMMA [Gen8] V2 Cooling Technology Powers the Latest Generation of ASUS ROG RYUJIN III 360 ARGB EXTREME AIO Liquid Coolers

    ASUS ROG RYUJIN III 360 ARGB EXTREME AIO Leverages Asetek EMMA [Gen8] V2 AIO Liquid Cooling Technology for Enhanced Performance and Simplified InstallationAalborg, Denmark – November 7, 2024 – Asetek, a pioneer in gaming hardware innovation and the inventor of the all-in-one (AIO) liquid cooler, is proud to announce the release of the latest ASUS ROG RYUJIN III 360 ARGB EXTREME EMMA [Gen8] V2 AIO Liquid Cooler. This new series features Asetek's Emma [Gen8] V2 cooling technology, providing significant performance upgrades, improved ease of installation, and support for all modern and

    ASETEK A/S - NOTICE OF EXTRAORDINARY GENERAL MEETING TO BE HELD ON 29 NOVEMBER 2024

    As announced earlier today on 7 November 2024, Asetek A/S intends to strengthen its financial position through a rights issue. Therefore, an extraordinary general meeting of Asetek A/S will be held on 29 November 2024 for the purpose of adopting an authorization to the Board of Directors to increase the share capital with pre-emptive rights for existing shareholders. The notice convening the general meeting including the agenda and the full text of the proposals, is enclosed. For further information, please contact: Peter Dam Madsen Chief Financial Officer Mobile: +45 2080

    Asetek – Q3 2024: Soft quarter as expected – continued strong progress in SimSports

    · Q3 revenue of $12.2 million, compared with $20.5 million in Q3 2023 · Gross margin of 36%, compared with 46% in Q3 2023, due to supply chain quality issue that has since been rectified · Q3 EBITDA adjusted of ($0.5) million compared with $4.8 million in Q3 2023 · Net income is impacted by $18 million of non-cash write downs and $0.8 million U.S. tax cost · Year-to-date revenue of $37.1 million and adjusted EBITDA of ($0.3) million, compared with $59.7 million and $13.7 million in the same periods of 2023, respectively · SimSports with significant commercial progress,

    Strengthening of Asetek's financial position through rights issue and update of medium-term ambitions

    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Aalborg, 7 November 2024 Strengthening of financial position through rights issue The board of directors of Asetek A/S ("Asetek" or the "Company") has resolved to seek to strengthen the Company's financial position through a rights issue. As announced in the half year report of 2024 of the Company and the related company announcement of 13 August

    Asetek signs Designed for Xbox partnership

    This press release is a follow-up to the press release distributed on October 15, 2024 titled " Asetek accelerating SimSports growth by entering a license agreement with a global console manufacturer”. Asetek is pleased to announce the signing of a partnership with Designed for Xbox. The partnership is a key strategic milestone for Asetek’s SimSports business, making the Company’s acclaimed sim racing products available to millions of gamers worldwide on Xbox Series X|S and Xbox One consoles under the Designed for Xbox brand. There are an estimated 60 million lifetime players of

    Asetek SimSports announces partnership with Xbox

    Denmark, Aalborg 6 November 2024 Asetek SimSports today announces a brand-new partnership with Designed for Xbox which will see the manufacturer of sim-racing hardware enter the games console market for the first time. The Designed for Xbox collaboration will see Asetek SimSports’ new and select existing products made console compatible, ensuring seamless connectivity and delivering an authentic racing experience to users of the Xbox Series X|S and Xbox One around the world. Inspired by real-life racing cars, Asetek SimSports’ products are designed and crafted with performance and

    Invitation to Asetek’s Q3 2024 Earnings Call on Thursday, 7 November

    Asetek will release its financial results for the third quarter of 2024 on Thursday, 7 November around 07.00 am CET. CEO André Sloth Eriksen and CFO Peter Dam Madsen will present and comment on the Company's results at 10.00 am CET. The presentation is open to the public and is expected to last up to one hour, including Q&A, and can be followed via live webcast or conference call. Webcast – audio and slide presentation: All participants wishing to join the webcast are required to pre-register using the following link: https://events.q4inc.com/attendee/650198685 

    Asetek enters partnership with US-based world class racing simulator reseller Podium 1

    Asetek is pleased to announce the signing of a partner agreement for its acclaimed sim racing products, the Invicta, Forte, and La Prima lines with Podium 1, the fastest growing turnkey racing simulator builder in the US. Under the agreement, Asetek will recognise approximately $1.5 million of SimSports revenue in the fourth quarter of 2024. The Podium 1 team has extensive racetrack experience and founded the sim racing business on the desire for more competition, more adrenaline, more thrill that only a track can provide, also during the off-track season. Podium 1’s mission is creating

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