Business Update: October 2024
15 Oct 2024

https://crayonano.com/news/business-update-october-2024

Trondheim, Norway—Following our Extraordinary General Meeting (EGM) on 3rd October 2024, and taking reference to our market update dated Sept 12th 2024, the shareholders approved all agenda items outlined in the 19th September 2024 notice, granting the board the necessary mandates to pursue a capital raise aligned with our revised business plan, a step toward securing the financial foundation essential for our future growth.

We have also secured a short-term bank instrument to provide immediate liquidity, ensuring continued support for our operations. Additionally, we have made significant strides in resolving a customer dispute, contributing to greater operational stability.

The overall situation remains as previously reported, with these positive developments we remain confident in our ongoing efforts to strengthen the company and capitalize on future opportunities.

For further information, please contact:

Jo Uthus, Chairman
Phone: +47 72 90 98 60
Mail: investor@crayonano.com