H&D Wireless have been approved for listing on First North – First day of Trade 22 December
Hitech & Development Sweden Holding AB ("H&D Wireless") hereby declares that the company has been Approved For listing on Nasdaq Stockholm First North. First day of trading in H&D Wireless Shares Is The 22 December 2017.
Earlier in December H&D Wireless made a successful emission Rights issue subscribed to 170%. H&D Wireless raised 26MSEK of capital before issue costs. The company's operations based on the proprietary cloud RTLS the Griffin Enterprise Positioning System (GEPS) platform.
"The strong oversubscription I think reflected the great interest that exists for H&D Wireless. The new money will now be used within the Enterprise business unit. Our new industrial IoT solution for wireless real-time tracking (RTLS), is specially developed for customers in the manufacturing industry and to facilitate their path to digitisation, Says Pär, the company's founder and CEO.
H&D Wireless Company description is available via the following link: http://www.hd-wireless.com/investors/reports/
FNCA Sweden AB Is appointed To Certified advisor for H&D Wireless.
Göteborg Corporate Finance has been the financial advisor for H&D Wireless.
Hagberg & Aneborn has been the issuer agent in the rights issue.
This information is such information that H&D Wireless AB is required to disclose under the EU market abuse regulation. The information was provided, through the contact person above, for publication on the 20 December 2017.
For more information, please contact:
Pär Bergsten CEO,
H&D Wireless AB
Tel: 08-551 184 60
About H&D Wireless:
H&D Wireless is a Swedish provider of services in the Internet of things, cloud and platform systems. The company's IoT Cloud Griffin is an end-to-end system solution and consists of wireless modules, cloud services and smart phone applications for smart homes and world-class businesses. Since 2016, the company offers Griffin ENINTERPRIse Positioning System (GEPS ™) As a cloud service for indoor of physical things in corporate business processes. H&D Wireless was founded in 2009 and is one of Sweden's fastest growing and most award-winning IoT companies, with over 1 100 000 wireless products delivered so far for IoT, M2M Solutions all over the world.