US/UK/Canada

Share

Contacts

  • Alastair Williamson

    CEO


    +44 7 824 997 689
    http://www.wyldnetworks.com

    • Links

    Pick a time period -
    Tags ( Active)

    Wyld Networks enters into a loan agreement of approximately SEK 4.3 million to provide working capital and to fund ongoing production and delivery of product to customers

    Today, December 31, 2024, Wyld Networks AB ("Wyld Networks" or the "Company") has entered into a loan agreement regarding a loan of approximately SEK 4.3 million. The Company has today entered into a loan agreement with Olsen Fond & Försäkring AB (the "Lender") regarding a loan of approximately SEK 4.3 million. The loan has a set-up fee of 6.0 percent and carries a monthly interest rate of 2.0 percent. The loan matures on September 1, 2025. However, the Company has the right to repay the loan in advance. The loan will provide the Company with working capital and to fund the ongoing

    Correction: Warrants of series TO5 were subscribed to approximately 87.1 percent and Wyld Networks AB receives approximately SEK 234 thousand

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. The Correction is regarding the number of exercised warrants of series TO5. Due to a late application, the number of exercised warrants of series TO5 has increased with 675,964, corresponding to increased

    Warrants of series TO5 were subscribed to approximately 69.5 percent and Wyld Networks AB receives approximately SEK 0.2 million

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Wyld Networks AB (”Wyld Networks” or the ”Company”) today announces the outcome of the exercise of warrants of series TO5, which were issued in connection with the Company's loan financing, direct issue and

    Wyld Networks’ Interim Report Q3 2024

    STRENGTHENING WYLD’S FUTURE BY RESETTING STRATEGY AND ORGANISATION WITH FOCUS ON DELIVERY AND GROWTHThe Company have undertaken an organisational restructure, a new strategy and a cost cutting exercise with the focus on ensuring the Company efficiently meets the short term needs to deliver product to our customers. The year-to-date Operating Income is MSEK 6.1, which is 17% ahead of prior year. The cost cutting exercise started in Q2 2024 will be fully seen in Q4 2024 which will show a reduction of Personnel costs (Employee and Contractor costs) of 40% compared to Q2 2024 running rate.

    STRENGTHENING WYLD’S FUTURE WITH NEW STRATEGY, STREAMLINING COSTS AND NEW ORGANISATION STRUCTURE WITH FOCUS ON DELIVERY AND GROWTH

    Wyld Networks have undertaken an organisational restructure, implemented a new strategy and a cost cutting exercise with the focus on ensuring the Company efficiently meets the short term needs to deliver product to our customers.1 - Organisational changes to ensure a cohesive and simple structure to meet our short term and long-term product delivery goals Andre Vale, previously Head of Sales for the South America region will take full responsibility for Worldwide Sales and Marketing. Combining sales and marketing will lead to a more focused and cohesive approach to the commercial

    The last day of trading with the warrants of series TO5 in Wyld Networks AB is today, November 25, 2024

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Today, November 25, 2024, is the last day of trading with the warrants of series TO5 in Wyld Networks AB (“Wyld Networks” or “the Company”). The subscription period for the warrants of series TO5 runs up until

    Wyld Networks allocates units to underwriters in connection with the completed rights issue

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Wyld Networks AB ("Wyld Networks" or the "Company") has, as previously announced, completed the rights issue of units as resolved by the Board on September 2, 2024, and approved by the extraordinary general

    The subscription price for the warrants of series TO5 in Wyld Networks AB has been determined to SEK 0.07 and the subscription period starts November 14, 2024

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. During the third quarter of 2023, Wyld Networks AB (“Wyld Networks” or the “Company”) entered a loan agreement and conducted a directed issue and a rights issue. In connection with the transactions, Wyld

    Recalculation of warrants of series TO5 in Wyld Networks AB

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. During the third quarter of 2023, Wyld Networks AB (“Wyld Networks” or the “Company”) entered a loan agreement and conducted a directed issue and a rights issue. In connection with the transactions, Wyld

    Wyld Networks announces outcome in rights issue

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. The Board of Wyld Networks AB ("Wyld Networks" or the "Company") today announces the outcome of the rights issue of units, consisting of shares and warrants of series TO6, which the Board of directors decided

    Last day of trading in unit rights in Wyld Networks

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Today, October 18, 2024, is the last day of trading in the unit rights that were issued in connection with Wyld Networks AB’s ("Wyld Networks" or the "Company") rights issue of units containing shares and

    The subscription period in Wyld Networks’ rights issue of units starts today

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Today, October 9, 2024, the subscription period begins in Wyld Networks AB ("Wyld Networks" or the "Company") rights issue of units consisting of shares and warrants (the "Rights Issue"), which was approved at

    Wyld Networks publishes prospectus in connection with rights issue of units

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. Wyld Networks AB ("Wyld Networks" or the "Company") has prepared an EU growth prospectus (the "Prospectus") for the forthcoming issue of units consisting of shares and free-of-charge warrants with preferential

    Steve Clarke COO of Wyld Networks stepping down from his role effective January 2025

    Wyld Networks AB ("Wyld Networks") announces today that Steve Clarke is stepping down from his position as Chief Operating Officer (COO) of Wyld Networks. Steve Clarke will remain as COO until January 2025."We would like to thank Steve Clarke for all of his hard work and contribution to the company and wish him all the best in his future and further endeavours" says CEO Alastair Williamson.  For further information, please contact: Alastair Williamson, CEO Wyld NetworksE-mail: alastair.williamson@wyldnetworks.com Tel: +44 7 824 997 689 About Wyld Networks AB Wyld Networks

    Report from the Extraordinary General Meeting in Wyld Networks AB

    The Extraordinary General Meeting in Wyld Networks AB ("Wyld Networks" or the "Company") was held today, 2 October 2024, whereby the shareholders passed the following resolutions. Approval of the board of directors' resolution regarding issuance of units with preferential rights for the shareholders and amendments to the articles of association The Extraordinary General Meeting resolved to approve the board of directors' resolution from 2 September 2024 to carry out a new issue of shares and warrants, so called units, with preferential rights for the Company's shareholders. The record

    The Board of Directors of Wyld Networks AB resolves on a directed set-off issue of approximately SEK 1.9 million and takes out a bridge loan of SEK 5.0 million

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. The Board of Directors of Wyld Networks AB ("Wyld Networks" or the "Company") has today, based on the authorization granted by the Annual General Meeting on 28 June 2024, resolved to carry out a directed issue

    Wyld Networks receives purchase order from Peru based technology company, Energy Automation Technologies (EAT), for approximately SEK 770,000

    Virtual satellite network operator Wyld Networks has been contracted to deliver its Wyld Connect satellite IoT solution and data service to EAT, an energy automation technology company based in Peru. Wyld Networks has received a purchase order with a total value of approximately SEK 770,000 for delivery of Wyld Connect modems and data starting in October 2024.Approximately 15% of Brazil's population lives in rural areas that have limited or no cellular coverage. Perhaps 10-15% of utility meters (8 to 13 million) in rural and remote regions might be outside reliable cellular connectivity.*

    Notice to extraordinary general meeting in Wyld Networks AB

    N.B.   This notice has been prepared in both Swedish and English language versions. In the event of any discrepancies between the versions, the Swedish version shall prevail. Shareholders of Wyld Networks AB are hereby invited to an extraordinary general meeting on 2 October 2024 14:00 CEST at Advokatfirman Schjødt, Hamngatan 27, in Stockholm. Right to participate Shareholders who wish to participate in the meeting must be recorded in the share register maintained by Euroclear Sweden AB on 24 September 2024. Shareholders who intend to participate in the extraordinary general

    The board of directors of Wyld Networks AB resolves on a rights issue of shares of approximately SEK 74.2 million

    NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. The board of directors of Wyld Networks AB (”Wyld Networks” or the “Company”) has today, subject to approval from the subsequent extraordinary general meeting, resolved to carry out a new issue of units,

    Wyld Networks’ Interim Report Q2 2024

    Financial Summary, Q2 2024 +-----------------------------------------+------+----------+-------+-------+|  |Q2 (April - June)|January - June |+-----------------------------------------+------+----------+-------+-------+|2024 |2023 |2024 |2023 |+-----------------------------------------+------+----------+-------+-------+|Total income KSEK |2,956 |1,333 |4,425 |2,664 |+-----------------------------------------+------+----------+-------+-------+|EBIT, KSEK

    Wyld Networks launches the AT452 Satellite Tracker for GPS location data for asset tracking

    The Wyld Connect AT452 Satellite Tracker is a comprehensive solution for location-based tracking utilising the power of low earth orbiting satellites to provide global network coverage.  In a World-first, following successful trials in South America of this unique solution, Wyld is commencing deployment, starting with Brazil.   If your business needs to know the location of assets in transit, of assets that are on the move continuously, regularly or in frequently then the AT452 Satellite Tracker with low power consumption can deliver your asset location data to your end application.

    Wyld Networks receives SEK 6.1 million payment from UK Government for Satellite IoT development

    Wyld Networks has received a cash payment of approximately SEK 6.1 million from UK Government for R&D activities in 2023.The UK government recognizes the importance of development in satellite IoT solutions to bridge the information gap currently challenging many businesses globally. Wyld’s disruptively low-cost and low-power global connectivity allows companies to increase profitability, reduce costs and meet sustainability goals. From sensor manufacturers to systems integrators and solution providers, our partners are delivering solutions for the real-world using Wyld Connect and the

    Report from the Annual General Meeting in Wyld Networks AB

    The Annual General Meeting 2024 in Wyld Networks AB ("Wyld Networks" or the "Company") was held today, 28 June 2024, whereby the shareholders passed the following resolutions. Adoption of the income statement and balance sheet The Annual General Meeting resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet. Allocation of profits The Annual General Meeting resolved that all funds available to the Annual General Meeting shall be carried forward. Discharge from liability The members of the board of

    There are no items matching the current filter
    There are no more items matching the current filter
    Back to top

    Subscribe

    Media