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Lightspace Technologies receives 2M EUR pre listing bridge funding
Emitents HansaMatrix Akciju sabiedrība (529900S1YDO0MHC8K318)
Veids 2.2. Iekšējā informācija
Valoda EN
Statuss Publicēts
Datums 2022-05-16 10:46:32
Versijas komentārs

HansaMatrix associated company Lightspace Technologies (the Company) has currently attracted an aggregate pre listing bridge convertible loan of 2 million EUR (increased from previously reported 1250 thousand EUR) from business angels, existing shareholders and investment fund Ardelta. These investments will fund Lightspace Technologies to further develop products and start deliveries. Investor names, in accordance with the terms of the agreement, will not be disclosed.

The Management Board of Lightspace is pleased that the agreements confirm attractiveness of company to investments and the potential of augmented reality products produced in the company.

As recently reported, Lightspace Technologies on March 14, 2022 has started a listing process to become a public entity in North America on the Toronto TSX Venture Exchange. In this process, it is planned to attract investments of at least 10 million EUR from private investors, taking 7-8 months for the full listing process.

The Company will disclose further information about the listing process in accordance with the requirements of applicable law.

HansaMatrix through its subsidiary Lightspace Holding AS holds equity of 67.7% shares in the Company before dilution by pre listing bridge round and listing funding.

Investor and media contact:

Māris Macijevskis, CFA
Management Board Member, Finance director
Phone: (+371) 6780 0002
E-mail: invest@hansamatrix.com

Girts Zile
Finance Director
Phone: (+371) 6780 0009
E-mail: girts.zile@lightspace3d.com

About JSC “HansaMatrix”

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial and other high added value business segments.

About LLC “Lightspace Technologies”

Lightspace Technologies is a Deep Tech company with its own R&D laboratories, industrialization and fabrication facilities developing key technologies for the next generation of augmented reality. A global leader in volumetric, multi-focal and holographic technologies that add true sense of reality.