Enersize Q4 2020 Company Brief

Enersize Oyj's Q4 company brief can be found on the company's website enersize.com. Below is a translation of selected parts of the Q4 report originally published in Swedish on March 19, 2020, with title "Enersize offentliggör bokslutskommuniké".

Q4

  • Enersize announces that the company will receive approximately SEK 259,884 before issue costs through the exercise of warrants (Enersize TO2). New subscription of 564,966 shares through the use of TO2 was carried out at a subscription price of SEK 0.46 in Sweden or EUR 0.04438 in Finland.
  • Enersize announces that Anders Lif will take over the role of sales and marketing manager. Anders Lif, in collaboration with the organization, has developed a strategy to adapt product packaging, pricing and partner model to Enersize's long-term goals – to build recurring revenues based on software and expertise for strategic energy optimization of industrial compressed air.
  • Enersize Advanced Research AB signs a letter of intent ("LOI") with Moroccan SCOPP Solutions SARLAU ("SCOPP Solutions") where SCOPP Solutions will use Enersizes Compressed Air Services SaaS platform to provide energy optimization of industrial compressed air in the North and West African markets, initially focusing on the Moroccan market.

 
Main events after the period

  • In January 2021, Enersize signed a Partnership Agreement with the Moroccan company SCOPP Solutions SARLAU Capital 100,000DH ("SCOPP Solutions"). SCOPP Solutions will use Enersizes Compressed Air Services, which are based on the Company's Software-as-a-Service (“SaaS”) platform, to provide energy optimization of industrial compressed air in the North and West African markets, initially focusing on the local Moroccan market.
  • At the Board's meeting on March 8, 2021, it was decided to convene an Extraordinary General Meeting with a proposal to authorize the Board to issue up to 70,000,000 new shares and a proposal for an option program to certain Board members and the company's management and staff.
  • In March 2020, Enersize Advanced Research AB was invited by the World Wide Fund for Nature (“WWF”) to participate in their work to reduce the resources consumed by suppliers' facilities in India. The company will present to Indian suppliers to H&M, which is a member of the Climate Savers program, at a webinar organized by WWF in March 2021.
  • In March 2020, Enersize Advanced Research AB signed a letter of intent with the eClouds Energy LLP (“eClouds”) in India. Enersize and eClouds will work together to deliver Enersize's Compressed Air Services to end customers in India.

More from the Newsletter

Practical tips for keeping your compressed air in shape

The fact that compressed air driven tools and machines are cost-effective and easy to maintain might also be the underlying reason why the whole compressed air system can be so neglected.

Electricians are experts on electricity. They know which cables to use in different environments. They also have to understand the dimensions of the cables to be used and which regulations to follow during an installation, related to cable channels, pipes, ducts and connectors.

Read more »

Control Gap: When air compressors fight

This article discusses some unexpected discoveries that came about then compressed air system monitoring equipment was installed on some example systems.
The maintenance foreman of a local paint manufacturer had a morning ritual where he turned on his three compressors one-by-one at 6 am every morning like clockwork. He did so for as long as he could remember, since he started some 25 years ago.

Read more »

FOR INVESTORS

Enersize signs Letter of Intent with US partner CTRL Systems

Enersize Advanced Research AB (“Enersize” or the “Company”) signs a Letter of Intent (“LOI”) with US partner CTRL Systems Inc. (“CTRL Systems”) where CTRL Systems will use Enersize’s Compressed Air Services SaaS-platform to provide energy optimization of industrial compressed air to the North and Central American market.

Läs mer »

Enersize Oyj publishes investment memorandum ahead of rights issue

The board of Enersize Oyj (“Enersize” or the “Company”) has, in connection with the rights issue consisting of shares and warrants (the “Rights Issue”) published on October 24, 2022, drawn up an investment memorandum which will be available on the Company’s website enersize.com and Mangold Fondkommission AB’s (“Mangold”) website www.mangold.se. Anyone who holds shares in Enersize Oyj on the record date of 31 October 2022 has a preferential right to subscribe for shares in the Rights Issue. In the Rights Issue, one (1) held share shall give one (1) subscription right where four (4) subscription rights entitle to subscription of three (3) newly issued shares. When subscribing for three (3) newly issued shares, you will also receive three (3) free warrants of series 3/2023.

Läs mer »

NEWS