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Thinfilm Board authorizes early exercise of warrants; accelerates development to deliver printed electronics for the Internet of Everything
October 31, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Thin Film Electronics ASA announced that funds managed by Invesco Asset Management Limited have agreed to acquire 46,666,666 shares in the company at a subscription price of NOK 3.00 per share, totaling NOK 140 million (USD $24 million). In October 2013, Invesco acquired 13% of the company through a private placement of shares. The transaction announced today represents 10% of the company. The investment is pursuant to resolution at the Extraordinary General Meeting in the company on Oct. 2, ...
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