Skip to main content

Acconeer registers an increased number of shares through subscription via warrants

By

Acconeer AB's share capital and number of shares increases due to the exercise of warrants in series TO3 (2020/2023). As a result, the company is increasing its cash by SEK 6,4 million.

A total of 305,986 new shares were subscribed for in Acconeer AB with the support of the warrants TO3. Subscription has taken place in installments during the subscription period that ran from the first of May 2023 until and including 30 June 2023. The last installment of these subscriptions will be registered with the Swedish Companies Registration Office (Bolagsverket) shortly.

After the shares subscribed for in connection with the end of the subscription period have been registered with the Swedish Companies Registration Office, the total number of shares in Acconeer AB amounts to 26,637,783, with a quota value of SEK 0.05 per share. The share capital in Acconeer AB thus amounts to SEK 1,331,889 after the completion of the warrant program.

CEO Lars Lindell comments: “The subscription warrants are an important part of Acconeer’s incentive program which is an integral part of attracting and retaining talents, and an attractive way for employees and management to invest in the company.”

In connection with the subscription of shares, some members of the management team have increased their holdings of shares in Acconeer. The current holdings are available on the company's website: https://investor.acconeer.com/en/corporate-governance/management-team/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer registers an increased number of shares through subscription via warrants

Acconeer registers an increased number of shares through subscription via warrants
2023-07-03

Acconeer develops A121-based IoT Module

By

Following the popularity of our previous XM122 IoT Module, we are now developing a new version using the A121 pulsed coherent radar sensor for even better performance. The new module will be called XM126 and will be the perfect choice for customers looking to create connected, battery-powered products. The product including an evaluation kit (EVK) will be available to buy before the end of 2023.

CEO Lars Lindell comments: “Our previous IoT Module is one of our best-selling products and is appreciated by customers who need a connected and power efficient module to integrate directly into their IoT products. With the XM126 we provide them with the option to use the new A121 radar, for even higher performance and data quality.”

The XM126 IoT Module is the second module featuring the new A121 pulsed coherent radar sensor, and will be a low power connected radar module in an optimized circular form factor with a diameter of 33 mm. This IoT module integrates the A121 sensor with the Nordic nRF52840 System on Chip (SoC) that supports a 32-bit 64 MHz Arm® Cortex®-M4 CPU and supports several options for wireless connectivity. Just like XM122, the XM126 will be compatible with the XA122 Battery Board and the waterproof CA122 IoT Casing.

Acconeer's first module, the ARM Cortex M7-based XM112 High-Performance Module, was released in December 2018, allowing customers to evaluate their use cases on an embedded system with high performance. Since then, the module portfolio has been extended and with the release of the XM126 there will be a total of seven modules available in three different segments: High-Performance Modules for customers who want high processing power, IoT Modules for use cases where built-in connectivity is needed and Entry Modules for lowest possible system cost.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Mikael Rosenhed, Head of Product Management Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer develops A121-based IoT Module

Acconeer develops A121-based IoT Module
2023-06-29

Acconeer releases Breathing Rate Reference Application

By

The new reference application for Acconeer’s A121 Pulsed Coherent Radar sensor is intended to shorten the time to market for customers and will be available on the company’s website this week. Thanks to the A121 radar sensor’s unmatched precision when it comes to detecting small movements, it can accurately measure the breathing rate of a person standing, sitting, or lying down.

CEO Lars Lindell comments: “We have several customers looking into the area of vital signs monitoring. With the new reference application for A121 we provide a tool that will simplify their development and shorten the time to market.”

The global market for vital signs monitoring is growing rapidly and to measure respiratory rate is useful in a range of products and use cases. For example, a baby monitor measuring breathing rate can give important information to parents about their child’s sleeping pattern. A device measuring respiratory rate on the nightstand can provide information about a sleeping person’s general health status. It can also be a useful tool for monitoring sleep apnea.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer releases Breathing Rate Reference Application

Acconeer releases Breathing Rate Reference Application
2023-06-28

Acconeer signs distribution agreement with Data JCE Electronic

By

The agreement concerns Acconeer's radar sensors along with related modules and evaluation kits (EVK) for the Israeli market. Data JCE Electronic Inc. was founded in 1995 and provides original, quality, and dependable semiconductors to a wide range of customers.

CEO Lars Lindell comments: “Just like Sweden, Israel has one of the most innovative markets in the world with customers globally. We believe the partnership with Data JCE Electronic is a strategic way for us to access that market.”

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-06-26 14:45 CEST.

Attachments
Acconeer signs distribution agreement with Data JCE Electronic

Acconeer signs distribution agreement with Data JCE Electronic
2023-06-26

Ripple 2.0 open-radar API standard now available

By

Ripple™, hosted by the Consumer Technology Association (CTA)®, is an open-radar API standard to enable hardware and software interoperability while accelerating the growth of applications for general purpose consumer radar. Acconeer has been part of the group defining the API, and will be fully compliant with Ripple 2.0 which, unlike previous versions, supports pulsed radar.

CEO Lars Lindell comments: “Openness has always been important to us at Acconeer and participating in the work with Ripple goes in line with our business strategy and values. We believe it will help accelerate the integration of mmWave radar in consumer devices.”

The Ripple 2.0 API can already now be found on CTA’s Ripple website, and Acconeer’s XE121 evaluation kit will have support for Ripple from next software release which will be available on the Acconeer developer site before the end of June.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Ripple 2.0 open-radar API standard now available

Ripple 2.0 open-radar API standard now available
2023-06-21

Comment regarding trade among members of Acconeer AB’s management team

By

Due to questions from shareholders regarding members of the management team's sale of warrants and shares in Acconeer AB, the company clarifies that all persons in the management team continue to retain or intend to increase their holding of shares in the company in connection with the warrant program with the last subscription date of June 30.

Comment from Magnus Gerward, Head of Business Development:

"My sale of a small number of shares in recent days was carried out with the intention of financing the subscription of shares via the subscription warrant program. When the subscription period is over, my intention is to have a larger shareholding in Acconeer than before. I have a long-term positive view of Acconeer and have a very strong belief in the company's development in the coming years."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Comment regarding trade among members of Acconeer AB’s management team

Comment regarding trade among members of Acconeer AB’s management team
2023-06-14

Acconeer receives order from BEYD worth USD 160,000

By

The order relates to Acconeer’s A111 Pulsed Coherent Radar sensor for customers’ mass production, as well as evaluation kits (EVK) for the new A121 PCR sensor. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

CEO Lars Lindell comments: “After a period of lower activity in China due to the Covid-19 outbreak, we now see an uptake in customer interest and progress again.”

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-06-14 10:30 CEST.

Attachments
Acconeer receives order from BEYD worth USD 160,000

Acconeer receives order from BEYD worth USD 160,000
2023-06-14

Acconeer welcomes the adoption of new rules for the 60 GHz band in the US

By

Last week the Federal Communications Commission (FCC) adopted new, more flexible rules for the 60 GHz spectrum band to support state-of-the-art radar technology. For Acconeer this means that once the new rules are effective, our customers can more easily sell their products on the US market.

CEO Lars Lindell comments: "This expected decision is a very important step for us, as it enables more use cases on the US market. We estimate the rules will become official during this summer."

Read more in the full press release from the FCC: FCC EMPOWERS SHORT-RANGE RADARS IN THE 60 GHz BAND FOR TECH LIKE 'HOT CAR' SENSORS, HEALTHCARE MONITORING, EMERGENCY RESPONSE DRONES

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-welcomes-adoption-of-new-rules-for-the-60-GHz-band-.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer-welcomes-adoption-of-new-rules-for-the-60-GHz-band-.pdf

Acconeer-welcomes-adoption-of-new-rules-for-the-60-GHz-band-.pdf
2023-05-22

Acconeer AB has signed a loan facility agreement of up to SEK 60 million

By

Acconeer AB ("Acconeer") has today entered into an agreement with Buntel AB and Exelity AB through which Buntel AB and Exelity AB provide Acconeer with a loan facility of up to SEK 60 million. The loan facility is intended to be used to enable Acconeer to achieve operational milestones. From and including October 1, 2023 until the time of expiration of the loan facility, Acconeer has the possibility to draw down under the loan facility through a total of two payments of a maximum of SEK 30 million each. A first payment can be called upon by Acconeer in the fourth quarter of 2023, and the second in the second quarter of 2024. Loans under the facility fall due on December 31, 2024 and bear a monthly interest rate of Stockholm Interbank Offered Rate (STIBOR) + 1.0 percent.

CEO Lars Lindell comments: "This loan facility enables us to continue expanding our working capital, complete the development of the upcoming A2 sensor, and invest in increased sales resources internationally."

The lenders are given the right, starting from the first disbursement, to twice call for the conversion of debt into equity, in directed new share issues, at a subscription price amounting to 10 percent discount to the volume-weighted share price during the 15 trading days preceding the call. A short selling ban is in place, and the conversions are restricted to not more than SEK 15 million per conversion (i.e. not more than SEK 30 million in total). There are also restrictions regarding the timing of these conversions.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on May 11, 2023, 21:55.

The following documents can be retrieved from beQuoted
Acconeer-enters-into-loan-facilities-agreement.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer-enters-into-loan-facilities-agreement.pdf

Acconeer-enters-into-loan-facilities-agreement.pdf
2023-05-11

Acconeer receives order from SweIoT worth USD 104,000

By

The order relates to Acconeer's XM122 IoT Module, for use in inventory tracking modules. SweIoT is a Swedish expert company within IoT and sensors providing both products and services to customers.

CEO Lars Lindell comments: "We have worked with SweIoT as a partner for several years and this volume order is a confirmation that Acconeer's popular XM122 radar module is a great fit for SweIoT's energy-efficient IoT products with compact design. Inventory tracking and other applications within logistics is an interesting area where we are confident that we will see good progress going forward."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on May 11, 2023, 10:15.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-SweIoT.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer-receives-order-from-SweIoT.pdf

Acconeer-receives-order-from-SweIoT.pdf
2023-05-11