Lumito AB Quarterly Report (1 October to 31 December) 2019
Financial overview of the fourth quarter, 1 October – 31 December 2019 Result after taxes amounted to kSEK -2,545 (-2,148). Basic and diluted earnings per share amounted to SEK -0.04 (-0.08). Cash flow from operating activities amounted to kSEK -3,145 (-2,148). Financial overview of the year as a whole, 1 January – 31 December […]
Status update regarding the completion of Lumito’s first product
The development of Lumito’s first product (instrument + staining reagent) in digital tissue diagnostics, for analyzing tissue sections stained with the company’s nano-based staining reagents, is entering its final stage prior to launch. The development of the actual instrument is proceeding according to plan, and the first instruments, which are intended for customer validation at […]
Andreas Johansson – the new CTO
Andreas Johansson will take over as CTO on January 13, 2020, taking the place of Anders Sjögren who held this position since spring 2017. Anders remains in Lumito's organisation as a senior adviser and will continue to contribute to the company's development. – I look forward to starting as Lumito’s CTO. This is an innovative, […]
First exercise window for Lumito warrants closes
On 29 November, Lumito AB (publ) (“Lumito”) ended the first exercise period for the Series 2 TO2 subscription warrant. The exercise rate was 72.3 percent, at an exercise price of SEK 1.45 per share. In total, 11,179,281 new shares have been subscribed during the now concluded first exercise period. Lumito is thus provided approximately MSEK […]
Lumito’s main owner, CEO and a member of the board exercise their subscription warrants in full
During the first exercise window, Lumito's major shareholder, Cardeon Futuring Finance (40 percent of which is owned by Masoud Khayyami), Lumito's CEO, Stefan Nilsson, and member of the board Ulf Bladin have exercised all of their Series TO2 warrants to subscribe for shares in Lumito AB. In total, this amounts to 2,130,000 subscription warrants. After the […]
Last day of trading of Lumito TO1 subscription warrants
The last day of trading of Lumito AB (publ) TO1 is Wednesday, 3 July 2019. According to the terms and conditions for series Lumito TO1 subscription warrants, the subscription price shall be reassessed under certain conditions, such as when a preferential rights issue takes place during the warrant life of Lumito TO1. Since Lumito has […]
The last day of trading of paid subscription units (BTU)
The last day of trading of Lumito AB (publ) paid subscription units (BTU) is Tuesday, 2 July 2019. The preferential rights issue that was conducted during May/June 2019 has now been registered with the Swedish Companies Registration Office. The new shares and warrants (after conversion from paid subscription units) are expected to be delivered to […]
Reassessment of subscription price for Lumito TO1 subscription warrants
According to the terms and conditions for series Lumito TO1 subscription warrants, the subscription price shall be reassessed under certain conditions, such as when a preferential rights issue takes place during the warrant life of Lumito TO1. Since Lumito has recently conducted a preferential rights issue, the subscription price for LUMITO TO1 has been reassessed […]
Annual General Meeting of Lumito AB (publ) 2019
The annual general meeting of Lumito AB (publ), held in Lund on 4 June 2019, passed the following resolutions. Resolution on approval of the income statement and balance sheet, etc. The annual general meeting resolved to approve the income statement and balance sheet for the financial year 2018. The Board of Directors and the Managing […]
Lumito AB is provided approximately MSEK 38.7 in cash through an over-subscribed rights issue and a decided over-allotment
Lumito AB (publ) announces today that the Company's new share issue amounting to approximately MSEK 35.7 has been subscribed to a total of 155 percent. The commitments from the guarantee consortium do therefore not have to be utilized. In addition, an over-allotment issue of MSEK 3.0 has been decided. An extraordinary general meeting of Lumito […]