New Risk • Aug 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr62m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr62m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (kr380.8m market cap, or US$40.0m). Ankündigung • Jun 11
Capsol Technologies ASA Announces Stepping Down of Johan Jungholm as Chief Business Development Officer, Effective December 31, 2026 Capsol Technologies ASA announced that Johan Jungholm, Chief Business Development Officer, had decided to step down from his position. Johan Jungholm would continue in his role as Chief Business Development Officer during the notice period and was expected to leave the company on December 31, 2026. New Risk • Apr 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Norwegian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (kr364.4m market cap, or US$38.8m). Ankündigung • Mar 28
Capsol Technologies ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 18.2 million. Capsol Technologies ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 18.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: NOK 5.2
Transaction Features: Rights Offering Ankündigung • Mar 14
Capsol Technologies ASA has filed a Follow-on Equity Offering in the amount of NOK 18.2 million. Capsol Technologies ASA has filed a Follow-on Equity Offering in the amount of NOK 18.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: NOK 5.2
Transaction Features: Rights Offering Recent Insider Transactions • Mar 11
Independent Chair of the Board recently bought kr231k worth of stock On the 9th of March, Chris Barkey bought around 51k shares on-market at roughly kr4.58 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chris has been a buyer over the last 12 months, purchasing a net total of kr1.3m worth in shares. New Risk • Feb 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (kr409.2m market cap, or US$42.5m). Ankündigung • Oct 03
Capsol Technologies Announces the Appointment of Bjørn Kristian Røed as CFO, Effective January 1, 2026 Capsol Technologies announced the appointment of Bjørn Kristian Røed as CFO, effective January 1, 2026. Røed joins Capsol from Havfram, an international offshore wind contractor, where he served as CFO and built a full corporate organization spanning finance, IT and communications. He previously held senior roles at Odfjell SE and spent nearly a decade in equity and credit research with leading Nordic investment Banks. Røed succeeds Ingar Bergh, who has decided to step down to pursue new opportunities outside the company. Recent Insider Transactions • Sep 16
Independent Chair of the Board recently bought kr1.0m worth of stock On the 10th of September, Chris Barkey bought around 140k shares on-market at roughly kr7.43 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Chris' only on-market trade for the last 12 months. Ankündigung • Sep 11
Capsol Technologies ASA announced that it expects to receive NOK 23.4616 million in funding from Munters AB Capsol Technologies ASA announced private placement of 3,111,618 shares at an issue price of NOK 7.54 for gross proceeds of NOK 23,461,599.72 (€2,000,000) on September 10, 2025. The transaction includes participation from Munters AB. The transaction has been approved by board of directors of the company. New Risk • Aug 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (kr446.6m market cap, or US$44.4m). Ankündigung • May 09
Capsol Technologies Appoints Jacob Zeno Clausen Krøvel as SVP Investment and Strategy Capsol Technologies has appointed Jacob Zeno Clausen Krøvel as Senior Vice President, Investment and Strategy. Krøvel will lead the company's activities across structural opportunities, strategic positioning, and engagement with capital markets stakeholders, ensuring that these efforts support Capsol's long-term growth and value creation. Krøvel brings over a decade of experience in corporate finance, investment management, and industrial strategy. He previously served as Head of Investor Relations at the listed technology company Volue and held roles at Deloitte, Arctic Asset Management, and as CFO of a division of Norsk Gjenvinning. He holds an MSc in Applied Economics and Finance from Copenhagen Business School (CBS) and additional studies at Erasmus University Rotterdam. New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (kr666.7m market cap, or US$63.9m). Recent Insider Transactions • Mar 21
Chief Executive Officer recently bought kr203k worth of stock On the 17th of March, Wendy Lam bought around 21k shares on-market at roughly kr9.79 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wendy has been a buyer over the last 12 months, purchasing a net total of kr469k worth in shares. Ankündigung • Jan 27
The Swedish Energy Agency Awards Capsol Technologies ASA with EUR 1.7 Billion Stockholm Exergi's Bio-CCS (BECCS) project, which will permanently remove 800,000 tons of CO2 per year using Capsol's carbon capture technology, has reached a key milestone. The Swedish Energy Agency commits SEK 20 billion (EUR 1.7 billion) in funding to what is set to become one of Europe's first large-scale negative emissions plants. Sweden's decision to fund Stockholm Exergi's carbon capture plant significantly de-risks the project, complementing offtake agreements for more than three million tons of carbon removal made in 2024 with Microsoft and Frontier, on behalf of Alphabet, Meta, JPMorgan Chase, and H&M Group, among others. Stockholm Exergi's Vartaverket biomass-fired plant provides power, district heating, and cooling to 190,000 households in the Stockholm region. With the award by the Swedish government, the final investment decision (FID) for the BECCS project is expected to happen as soon as possible in 2025, initiating the construction of the carbon capture plant and associated infrastructure. Stockholm Exergi was the first company to select Capsol Technologies as its technology supplier for a large-scale carbon capture project, signing a licensing agreement for CapsolEoP®? (end-of-pipe) in July 2022. Since then, the robustness of the project and Capsol's technology has been validated through several significant milestones, including: An EU Innovation Fund grant of EUR 180 million in April 2022; Environmental permit approval by Sweden's Land and Environmental Court in April 2024; An offtake agreement where Microsoft committed to acquiring 3.33 million tons of permanent carbon removals in May 2024; An offtake agreement which Frontier committed to acquiring carbon removals worth USD 49 million in June 2024. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (kr710.8m market cap, or US$63.2m). Ankündigung • Dec 13
Capsol Technologies ASA, Annual General Meeting, May 21, 2025 Capsol Technologies ASA, Annual General Meeting, May 21, 2025. Ankündigung • Dec 06
Capsol Technologies ASA Announces Resignation of Endre O. Sund as Chair of the Board in 2025 Capsol Technologies ASA announced that Endre O. Sund (b. 1950), Chair of the Board at, has the company notified the Nomination Committee that he will not seek re-election when his term concludes in 2025. Sund has been an integral part of Capsol's growth
journey since joining the Board of Directors in 2018 and serving as Chair since 2020. Recent Insider Transactions • Nov 07
Chief Executive Officer recently bought kr265k worth of stock On the 5th of November, Wendy Lam bought around 22k shares on-market at roughly kr11.89 per share. This transaction increased Wendy's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Wendy's only on-market trade for the last 12 months. Ankündigung • Jun 15
Capsol Technologies and Audubon Engineering Company Announces Positive Study Results and CCS Expo Presentation Move CapsolGT® One Step Closer to Commercialization Capsol Technologies and Audubon Engineering Company announced positive results on a pre-FEED (front-end engineering and design) study of CapsolGT®, to be presented at the Carbon Capture Technology Expo North America later this month. Preliminary results prove the technology's performance and efficiency even in the most challenging environments, confirming that CapsolGT® can offer the industry's lowest carbon capture cost--and even be profit-generating--for owners of gas power plants and other industrial applications of open-cycle gas turbines across North America and the Middle East. CapsolGT® captures carbon dioxide from open-cycle gas turbines in a process that solves several industry challenges, as it can capture low-concentration emissions and produce additional electricity for the grid. The CapsolGT® design work by Audubon and Capsol is currently in the final stages. Upon finalization of the ongoing study, technical performance and commercial details will be presented to emitters and suppliers at the Carbon Capture Technology Expo North America in Houston, Texas, on June 26–27, 2024, an important step toward commercialization of CapsolGT®. Ankündigung • Apr 21
Capsol Technologies ASA, Annual General Meeting, May 08, 2024 Capsol Technologies ASA, Annual General Meeting, May 08, 2024. Ankündigung • Apr 20
Capsol Technologies ASA Announces Resignation of Einar Chr. Lange as A Board Member Capsol Technologies ASA announced that Einar Chr. Lange will resign as a board member following the Annual General Meeting on May 8, 2024. Lange, who has reached 81 years of age, has served as a board member of Capsol since 2015 and is the largest shareholder in the company with 17.89% of the outstanding shares. Following Lange's resignation, Capsol's board will consist of five members including two female directors, fulfilling the regulatory requirements for Norwegian ASA companies. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (kr938.3m market cap, or US$86.5m). New Risk • Mar 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (kr771.9m market cap, or US$73.4m). Ankündigung • Jan 05
Capsol Technologies ASA Announces CEO Changes, Effective 15 February 2024 The Board of Directors of Capsol Technologies has appointed Wendy Lam as new CEO to lead the global deployment of the company’s sustainable and highly cost-efficient carbon capture technology. Effective 15 February 2024, Lam takes over for Jan Kielland who has led the company since 2018. The appointment of Lam comes after a comprehensive international search as part of a management succession program initiated in early 2023 to safeguard the company's long-term development. Lam brings over 20 years of global executive leadership experience from major international and listed industrial companies, including Baker Hughes, Rolls-Royce, and GE. She has a proven track record of driving growth, developing strategic partnerships, and commercializing new technologies worldwide and has been a board member of Capsol Technologies since October 2023. Lam is a Canadian and Norwegian citizen residing in Oslo, with mechanical and industrial engineering degrees from the Universities of Waterloo and Toronto and an MBA from INSEAD/Wharton. New Risk • Nov 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (9.3% increase in shares outstanding). Market cap is less than US$100m (kr772.6m market cap, or US$68.9m). Ankündigung • Nov 04
Capsol Technologies ASA to Report Q4, 2023 Results on Feb 13, 2024 Capsol Technologies ASA announced that they will report Q4, 2023 results on Feb 13, 2024 Ankündigung • Sep 17
Capsol Technologies Receives Feasibility Studies for CapsolEoP (End-of-Pipe) Carbon Capture Technology at Two Large Cement Plants in EU Capsol Technologies announced that it has been awarded feasibility studies for the CapsolEoP® (end-of-pipe) carbon capture technology at two large cement plants in the EU with the potential to capture more than 1.5 million tonnes of CO2 per annum combined. The studies will start in Third Quarter 2023. These awards are Capsol Technologies’ third and fourth engineering studies for the cement industry. In total, Capsol currently has nine cement projects in sales engineering and engineering studies totaling a potential of about 10 million tonnes of CO2 to be captured annually. New Risk • Aug 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Norwegian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (kr784.3m market cap, or US$76.8m). Recent Insider Transactions • Jun 12
Chief Financial Officer recently bought kr199k worth of stock On the 6th of June, Ingar Bergh bought around 15k shares on-market at roughly kr13.47 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Ingar's only on-market trade for the last 12 months. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 02
CO2 Capsol AS to Report Q3, 2022 Results on Nov 10, 2022 CO2 Capsol AS announced that they will report Q3, 2022 results on Nov 10, 2022 Ankündigung • Aug 16
Co2 Capsol Announces the Appointment of Cato Christiansen as Chief Technical Officer CO2 Capsol announced the appointment of Cato Christiansen as Chief Technology Officer of CO2 Capsol AS. Cato brings extensive experience from the Norwegian Ministry of Petroleum and Energy, Section for Carbon Capture and Storage, working with the realisation of "Longship", the Norwegian industrial CCS demonstration project, and Technology Centre Mongstad (TCM). Cato is also a former director of the program board for CLIMIT, Norway's national program for research, development and demonstration of CO2 capture and storage technology. With more than 20 years of experience from various roles within the energy sector, where carbon capture and storage has evolved as his core expertise throughout his career, Cato will be a valuable resource to the Company in an exciting phase where CO2 Capsol is growing quickly, adding more engineering capacity, and developing the technology further. Cato completed his PhD in Mechanical Engineering in 2001 after which he worked for Scandpower Petroleum Technology (now part of Schlumberger), followed by Shell Technology Norway and the Norwegian Ministry of Petroleum and Energy, before joining CO2 Capsol. Ankündigung • Aug 12
CO2 Capsol AS announced that it expects to receive NOK 9.530499 million in funding from Lighthouse Reef AS, Middelborg Invest AS, Q Capital AS, T.D. VEEN AS CO2 Capsol AS announced that it will issue 2,950,619 common shares at issue price of NOK 3.23 per share for aggregate gross proceeds of NOK 9,530,499.37 on August 11, 2022. The transaction will include participation from Lighthouse Reef AS, Middelborg Invest AS, Q Capital AS, and T.D. VEEN AS. The company expects to close the transaction on August 18, 2022. The transaction has been approved by the board of directors of the company. Ankündigung • Apr 24
CO2 Capsol AS Elects Wayne Thomson as Board Member CO2 Capsol AS announced that at the annual general meeting held on April 22, 2022, the company announced the election of Wayne Thomson as a new board member to the Company. The appointment of Mr. Thomson reflects the Company’s growth and further strengthen the board’s expertise. Mr. Thomson’s career spans more than 45 years internationally with focus on the oil and gas industry and more recently the carbon capture technology area. Most recently, and up until 2021, Mr. Thomson was Chairman of Svante Inc., a Canadian carbon capture technology company. Mr. Thomson was Chairman in a key period of Svante Inc.'s development and growth stage between 2015 and 2021, and also held the position as Executive Chairman for a period.