New share issue in Acconeer AB - SEK 60 million

Redeye acted as exclusive financial advisor and bookrunner to Acconeer AB in the SEK 60 million private placement of new shares to a limited number of new and exisiting shareholders.

Richard Goldman, Head of Corporate Finance at Redeye comments, “We are proud to have successfullly advised Acconeer in its private placement. This is a great example demonstrating our expertise within corporate finance in the Technology och Life Science sectors which enable us to deliver successful results for our clients. Acconeer is truly a leading technology company and we look forward working with the company as their financial advisor.

Lars Lindell, CEO of Acconeer comments, “We are very pleased to welcome new investors to Acconeer and closing this investment round during the summer months. The raised capital will enable Acconeer to start the process of commercializing our ultra-low power and millimeter precision 3D sensor.”

Tord Wingren, Chairman of the board comments, “As the leading corporate finance advisor within technology, Redeye was a natural choice for Acconeer and proved to be a very successful choice given the professional process and outcome of the transaction.”

Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeer's ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, or for practical applications, such as taking measurements of your shirt size before you order online. These are just some examples of the wide range of possibilities of application areas for the sensor.