New Risk • Jun 12
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 German stocks, typically moving 8.4% 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 Revenue has declined by 41% over the past year. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (€22.7m market cap, or US$26.3m). 공시 • Jun 10
Nel ASA Announces Settlement Agreement with Iwatani Corporation of America Nel ASA had announced that Iwatani Corporation of America had filed a lawsuit against Nel and certain entities that were, at the time, part of the Nel group, in connection with agreements for the delivery of fueling equipment and services. Besides Nel, the defendants included entities that are now part of Cavendish Hydrogen ASA, as well as four individuals. Iwatani, Nel, and Cavendish Hydrogen have resolved their dispute, and related lawsuit, involving Iwatani's hydrogen fueling stations in California. The dispute arose from technical and operational challenges in a developing industry and has been resolved amicably and in the best interests of all parties. With the issues now resolved to each party's satisfaction, Iwatani, Nel, and Cavendish can confidently affirm each other's continuing commitment to advancing the hydrogen fueling industry and remain open to future collaboration. The settlement amount for Nel ASA is USD 7.5 million. The settlement eliminates further legal costs and mitigates litigation risk in the US. Reported Earnings • May 22
First quarter 2026 earnings released: €0.18 loss per share (vs €0.28 loss in 1Q 2025) First quarter 2026 results: €0.18 loss per share (improved from €0.28 loss in 1Q 2025). Revenue: €2.90m (down 24% from 1Q 2025). Net loss: €6.10m (loss narrowed 35% from 1Q 2025). Board Change • May 20
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Vibeke Stromme is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • May 07
Cavendish Hydrogen ASA announced that it expects to receive NOK 51.862739 million in funding from Bohler Hochdrucktechnik GmbH Cavendish Hydrogen ASA announced a private placement to issue 5,940,749 new shares at an issue price of NOK 8.73 for the proceeds of NOK 51,862,738.77 on May 5, 2026. Transaction involves participation of Bohler Hochdrucktechnik GmbH as an investor. Transaction is approved by board of directors. Board Change • Dec 30
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. Director Mimi Berdal was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
Second quarter 2025 earnings released: €0.15 loss per share (vs €0.23 loss in 2Q 2024) Second quarter 2025 results: €0.15 loss per share (improved from €0.23 loss in 2Q 2024). Revenue: €6.00m (down 36% from 2Q 2024). Net loss: €5.00m (loss narrowed 37% from 2Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electrical industry in Germany. 공시 • Aug 28
Cavendish Hydrogen ASA Provides Revenue Guidance for the Second Half of 2025 Cavendish Hydrogen ASA provided revenue guidance for the second half of 2025. The company expected group revenue for the second half of this year to be somewhat lower than in the first half of the year. Board Change • Aug 18
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. Director Mimi Berdal was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jul 10
Cavendish Hydrogen ASA Announces the Appointment of Nils Jacob Haaning as New Chief Commercial Officer, Effective August 1, 2025 Cavendish Hydrogen ASA announce the appointment of Nils Jacob Haaning as new Chief Commercial Officer, effective August 1, 2025. Mr. Haaning will be a member of the executive management team and report directly to the CEO in Cavendish Hydrogen, Robert Borin. Mr. Haaning has extensive senior leadership experience, most recently serving as CEO of Bactoforce since 2012. His background includes strong commercial, sales, and business development expertise from roles at Siemens Wind Power and Ørsted, where he played a key role in building up sales across Europe and the UK. 공시 • Feb 07
Cavendish Hydrogen ASA Approves Board Appointments Cavendish Hydrogen ASA announced at extraordinary general meeting held on 7 February 2025, the nomination committees' proposal to elect new members to the Board of Directors was approved. Consequently, the board of directors of Cavendish comprises the following members: Jon Andre Løkke (chair of the board); Mimi Kristine Berdal (board member); Vibeke Strømme (board member); Allan Bødskov Andersen (board member); Kim Søgård Kristensen (board member). 공시 • Jan 17
Cavendish Hydrogen ASA Announces Board Resignations Cavendish Hydrogen ASA announced the Chair of the board of directors of the company, Lavrans Grjotheim, has sold all of his shares in the Company. As a result of the transaction, Lavrans Grjotheim and the other current members of the board of directors, Sheri Shaghayegh Shamlou and Anders Gravir Imenes, will resign from the board with effect from the time a new board has been elected by the Company's general meeting. 공시 • Dec 31
Cavendish Hydrogen ASA to Report Q1, 2025 Results on May 15, 2025 Cavendish Hydrogen ASA announced that they will report Q1, 2025 results on May 15, 2025 Board Change • Dec 30
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. 3 non-independent directors. Director Sheri Shamlou was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Dec 06
Cavendish Hydrogen ASA Approves Board Appointments Cavendish Hydrogen ASA announced that at its EGM held on December 6, 2024, shareholders' proposal to elect new members to Cavendish's board of directors was approved. Consequently, the board of directors of Cavendish comprises the following members: Lavrans Grjotheim (chair of the board). Sheri Shaghayegh Shamlou (board member). Anders Gravir Imenes (board member). 공시 • Nov 21
Cavendish Hydrogen ASA to Report Q3, 2024 Results on Nov 28, 2024 Cavendish Hydrogen ASA announced that they will report Q3, 2024 results at 7:00 AM, Central European Standard Time on Nov 28, 2024 공시 • Sep 24
Cavendish Hydrogen ASA(OB:CAVEN) dropped from Oslo OBX Total Return Index Cavendish Hydrogen ASA has been dropped from the Oslo OBX Total Return Index. 공시 • Sep 23
Cavendish Hydrogen ASA(OB:CAVEN) dropped from S&P Global BMI Index Cavendish Hydrogen ASA(OB:CAVEN) dropped from S&P Global BMI Index 공시 • Jul 17
Cavendish Hydrogen ASA to Report Q2, 2024 Results on Aug 29, 2024 Cavendish Hydrogen ASA announced that they will report Q2, 2024 results on Aug 29, 2024