Terranet publishes information memorandum in connection
From GlobeNewswire: 2025-05-26 12:30:00
Terranet AB is planning a rights issue of units for existing shareholders, with issue proceeds of approximately SEK 15 million. The information memorandum is now available on the company’s website. The rights issue will be open for subscription from May 27 to June 11, 2025. Mangold Fondkommission AB is the financial adviser to Terranet for this rights issue. Terranet aims to develop technical solutions for Advanced Driver Assistance Systems and Autonomous Vehicles. The company’s anti-collision system, BlincVision, is designed to detect road objects faster than other technologies. Terranet has been listed on Nasdaq First North Premier Growth Market since 2017.
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