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Investment will allow significant expansion of printed logic production to meet expected demand.
June 19, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Thin Film Electronics ASA (Thinfilm) announced a private placement, exempt from registration under the US Securities Act of 1933, in the company in which several US funds have subscribed for 34,034,653 shares in the company, at a share price of USD 0.64640 (equalling NOK 5.01 per share) for a total investment of USD $22 million. Upon completion of the private placement, the investors will hold 6.1% of the shares in the company. “The market response to our launch of NFC OpenSense product has b...
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