Terranet Invites Investors to Virtual Meeting with Updates
Terranet Hosts Digital Investor Meeting
Terranet AB is pleased to announce an upcoming digital investor meeting as part of their rights issue for units. This important event is designed for shareholders and interested parties, showcasing the company’s recent progress and future plans.
Details of the Investor Meeting
The meeting is scheduled for June 3 at 14:00 CEST and will take place via Microsoft Teams. Attendees will have a unique opportunity to hear directly from Terranet's CEO, Lars Lindell, who will present key developments, including the evolution of their innovative technology, BlincVision. This anti-collision system is set to revolutionize driver assistance systems and enhances the safety of autonomous vehicles.
Agenda Highlights
During this session, participants can expect detailed insights into the launch of the Minimum Viable Product (MVP) alongside ongoing collaborations with industry leaders. The session is highly interactive, allowing participants to pose questions in real-time through the chat feature, thus promoting an engaging atmosphere.
Registration Process
Anyone wishing to attend the meeting must register in advance by emailing corporatefinance@mangold.se by June 2. This registration process ensures that all attendees are well-prepared to engage with the speakers and other participants. Additionally, questions can be submitted beforehand to be addressed during the Q&A session at the end of the presentation.
Significance of the Rights Issue
The purpose of this investor meeting revolves around keeping shareholders and potential investors informed about Terranet’s technological advancements and commercial initiatives. As the rights issue approaches, understanding the current landscape of the company is crucial for making informed investment decisions.
Key Dates for the Rights Issue
While the investor meeting serves as an informative session, it is essential to highlight the critical timeline surrounding the rights issue:
- From May 27 to June 5, trading with unit rights will be conducted.
- The subscription period extends from May 27 to June 11.
- Trading in paid subscribed units (BTU) will take place from May 27 to June 30.
- The preliminary date for publishing the rights issue outcome is set for June 13.
About Terranet AB
Terranet is dedicated to enhancing road safety and saving lives through cutting-edge technology. Their focus on Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) places them at the forefront of automotive innovation. The BlincVision technology, which utilizes laser scanning to detect road objects, operates at a speed ten times faster than existing systems, highlighting Terranet's commitment to leadership in the industry.
Headquartered in Lund, with additional offices in Gothenburg and Stuttgart, Terranet has been trading on the Nasdaq First North Premier Growth Market under the ticker Stockholm:TERRNT B since 2017. This listing allows the company to gain exposure and attract investment as they continue to expand their capabilities and offerings.
Contact Information
For further inquiries, Lars Lindell, the CEO, can be reached at lars.lindell@terranet.se. This is an excellent opportunity for investors to engage directly with the company leaders and learn more about the strategic direction of Terranet.
Frequently Asked Questions
What is BlincVision?
BlincVision is an advanced anti-collision system developed by Terranet that utilizes laser technology to detect road obstacles more rapidly than traditional systems.
How can I register for the digital investor meeting?
You can register by emailing corporatefinance@mangold.se no later than June 2.
What will be discussed at the investor meeting?
The CEO will discuss recent developments, including the MVP of BlincVision and ongoing collaborations.
When does the rights issue take place?
The rights issue subscription period runs from May 27 to June 11.
How can I contact Terranet for more information?
You can reach out to CEO Lars Lindell at lars.lindell@terranet.se for any inquiries or further information regarding the meeting and the rights issue.
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