Terranet AB (publ) ("Terranet" or the "Company") today announces the outcome of the exercise of warrants of series TO7. In total, 173,029,725 warrants of series TO7 were exercised, corresponding to approximately 95 percent of the total number of outstanding warrants of series TO7, for subscription of 173,029,725 B-shares at a subscription price of SEK 0.073 per share. Terranet will receive approximately SEK 12.6 million before issuing costs through the exercise of the warrants of series TO7. Bac
AstaZero*, in collaboration with several partners, including Terranet AB and Trafikverket, is launching a new project aimed at significantly improving traffic safety for automated vehicles. The project will run from May 2024 to May 2025 and is funded by Vinnova, Sweden's innovation agency. FFI, Strategic Vehicle Research and Innovation, is a collaboration program between the government and the automotive industry. The purpose of the project "Verification Methods for Robust Driver Assist System P
Today, May 29, 2024, is the last day of trading with the warrants of series TO7 in Terranet AB (publ) (“Terranet” or “the Company”). The exercise period for the warrants of series TO7 runs up until June 3, 2024. Each warrant of series TO7 gives the owner the right to subscribe for one (1) new B-share in the Company. The exercise price for the warrants of series TO7 is SEK 0.073 per B-share. If all the warrants of series TO7 are exercised, the Company will receive approximately SEK 13.3 million b