Announcement • Apr 10
Smoltek Nanotech Holding AB Appoints Gabriel Altby as CFO, Effective from April 14, 2026 Smoltek Nanotech Holding AB announced that the company has appointed Gabriel Altby as its new Chief Financial Officer (CFO). Gabriel will assume the position on April 14, 2026, and will be part of the company's management team. Gabriel has 25 years of experience in senior financial and operational positions in international technology companies in the electronics industry. He most recently came from Curtis Instruments, where he was Director, Finance & Administration - Europe with overall responsibility for finance and accounting functions in several European countries. Gabriel has extensive experience in financial control, group reporting and business support for large industrial customers. Gabriel Altby succeeds Pia Tegborg, who is leaving after seven years with the company. The change takes place within the framework of a planned succession and an orderly transition in the company's management, which ensures continuity in the company's financial work and external reporting. Announcement • Mar 31
Smoltek Nanotech Holding AB to Report Q1, 2026 Results on Apr 29, 2026 Smoltek Nanotech Holding AB announced that they will report Q1, 2026 results at 12:00 PM, Central European Standard Time on Apr 29, 2026 Announcement • Mar 28
Smoltek Nanotech Holding AB (publ) Announces Stable Performance of CNF-MIM Technology in Extended Life Test Smoltek Nanotech Holding AB (publ) ('Smoltek' or the 'Company') announced that its CNF-MIM technology has demonstrated stable electrical performance after 2,000 hours in an independent life test conducted by a global capacitor manufacturer. The test was conducted under constant voltage, with overall stable electrical performance maintained at both 85°C and 105°C. This further strengthens confidence in the reliability of the technology and supports Smoltek's development of advanced capacitors for AI, RF and optoelectronics, among other applications. On February 23, 2026, Smoltek announced results from 1,000 hours of operation in the corresponding test. Following this, the global industry partner has chosen to continue the evaluation to 2,000 hours, and the latest measurements show that the capacitors continue to exhibit stable electrical behavior under long-term bias at elevated temperature, with no major changes observed. This further supports the robustness of the CNF-MIM technology in semiconductor applications where long-term stability, low leakage and thermal reliability are crucial. The third-party life test is part of Smoltek's ongoing qualification work for CNF-MIM capacitors, where reliability, ultra-low leakage current and high capacitance density are key parameters for future commercial applications. The results indicate that the CNF-MIM technology meets the high capacitor requirements for long-term reliability in advanced applications, including components for high-performance computing and data centers. Announcement • Feb 24
Smoltek's CNF-MIM Capacitors Reliability Validated by Major Capacitor Manufacturer Smoltek Nanotech Holding AB (publ) announced that an independent, third-party reliability test of the Company's CNF-MIM capacitor technology has confirmed the previously reported internal life test results published on February 5, 2026. The independent validation substantially reduces technical risk in the commercialization process and strengthens Smoltek's credibility in ongoing negotiations with industrial partners. The third-party operational life test verified stable performance over 1,000 hours under applied voltage -- with zero failures and no observed degradation in capacitance, equivalent series resistance (ESR), or insulation resistance. Leakage current remained in the picoampere range, consistent with Smoltek's previously reported (February 5, 2026) insulation resistance of 1,000 G- at rated voltage. The external validation was conducted under conditions similar to the internal life test Smoltek previously reported. The successful outcome further de-risks the technology and strengthens Smoltek's position in ongoing commercial discussions with industrial partners. Validation under strict conditions: The external life test subjected the CNF-MIM capacitors to continuous operation for 1,000 hours at 85degC with constant voltage bias, simulating prolonged use in thermally demanding semiconductor environments such as AI accelerators, advanced processors, high-performance computing (HPC) systems and RF applications. Testing at an elevated temperature represents an acceleration of aging mechanisms, providing confidence in long-term field reliability and operational stability. Ultra-low leakage and stable electrical parameters at elevated temperature are critical for next-generation semiconductor applications. Reduced leakage current minimizes stress, limits heat generation, and improves long-term stability - key requirements in AI data centers and advanced computing systems where power density and thermal management are decisive factors. The independent validation substantially reducing technical risk in the commercialization processes and strengthens Smoltek's confidence in ongoing industrial dialogues towards volume manufacturing. Announcement • Feb 11
Smoltek Nanotech Holding AB Announces That Tegborg Is Leaving Her Role as CFO Smoltek Nanotech Holding AB announced that Pia Tegborg is leaving her role as Chief Financial Officer after seven years with the company. Pia Tegborg will remain in her role during the notice period, ensuring a stable transition of responsibilities. The board has initiated the recruitment process for a new Chief Financial Officer to ensure continuity in the financial function. Pia Tegborg has made significant contributions to the company's structure and development over her seven-year tenure. Announcement • Feb 06
Smoltek's CNF-MIM Capacitors Demonstrate 1,000x Lower Current Leakage in a New Life Test Smoltek Nanotech Holding AB (publ) announced that the company's CNF-MIM capacitors demonstrate excellent stability in a new 1,000-hour life test at 85degC under applied 2 volts. No degradations were observed, and the capacitors exhibited more than 1,000 times lower current leakage compared to the previous life test, thus strengthening Smoltek's position in ongoing dialogues with industrial players and partners. Ultra-low leakage increases reliability by reducing continuous stress and heat generation during operation. In large-scale AI data centers as well as HPC applications, this leads to more stable long-term performance, fewer field failures, and most importantly, less heat generation and power consumption - factors that company's customers consider critical. This follow-up test brings the CNF-MIM capacitor closer to commercialization, building on the previous reliability results announced in November 2025. The test results further strengthen confidence in the long-term stability of the technology under realistic operating conditions. Compared to the previous test, the new capacitors demonstrate more than 1,000x lower current leakage while maintaining stability throughout the 1,000-hour test. This corresponds to an impressive insulation resistance of 1,000 GO at the rated voltage. In parallel with the internal test, the capacitors were continuously operated for 1,000 hours at 85degC while a constant voltage of 2 volts was applied - conditions designed to simulate real-world use in demanding chip environments. The capacitors were characterized before and after completion of the operational life test. Capacitance density: 170 nF/mm2 (no change after test); Equivalent Series Resistance (ESR): 1500 mO (no change after test); Insulation resistance: 1000 GO corresponding to 2 pA leakage current at 2 V DC (no change after the test. Announcement • Oct 08
Smoltek Nanotech Holding AB to Report Q3, 2025 Results on Nov 06, 2025 Smoltek Nanotech Holding AB announced that they will report Q3, 2025 results on Nov 06, 2025 Announcement • Sep 18
Smoltek Nanotech Holding AB (publ) Showcases Ultra-Thin Capacitor Technology for Next-Generation AI and High-Performance Computing At Semicon Taiwan Smoltek Nanotech Holding AB (publ) announced its successful participation at Semicon Taiwan 2025, held September 10-12. The subsidiary, Smoltek Semi was invited by strategic partner ITRI (Industrial Technology Research Institute, Taiwan) to showcase its ultra-thin CNF-MIM (Carbon Nanofiber Metal-Insulator-Metal) capacitor technology. The technology is specifically being developed for power management of AI and high-performance computing (HPC) systems as well as for edge devices. CNF-MIM capacitor technology combines high capacitance density with low ESL and ESR in an extremely thin form factor enabling advanced integration. These features are critical for powering the next generation of advanced semiconductor chips at a competitive cost. The CNF-MIM capacitor Technology addresses some of the most pressing bottlenecks in next-generation AI processors, high-performance computing (H PC), and edge computing. These advanced applications require capacitors that are not only extremely thin to be integrated directly under processor chips but also provide high capacitance density, low parasitic inductance (ESL), and low parasitic resistance (ESR). Unlike traditional deep trench capacitors (DTC), Smoltek's additive process grows high aspect ratio carbon nanofibers directly on the substrate. This enables ultra-thin, scalable structures coated with high-performance dielectrics in a single ALD cycle--cutting costs while matching or exceeding DTC performance. Announcement • Jul 29
Smoltek Nanotech Holding AB to Report Q2, 2025 Results on Aug 28, 2025 Smoltek Nanotech Holding AB announced that they will report Q2, 2025 results on Aug 28, 2025 Announcement • Jun 19
Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering. Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Price\Range: SEK 0.3
Transaction Features: Rights Offering Announcement • Jun 12
Smoltek Nanotech Holding AB Announces A Major Technological Milestone in CNF-MIM Capacitor Development through A collaboration with SkyTech Smoltek Nanotech Holding AB (publ) announced a major technological milestone in CNF-MIM capacitor development, having successfully engineered an advanced dielectric stack composed of zirconium oxide (ZrO2) and aluminium oxide (Al2O3). This breakthrough was achieved through a close collaboration with SkyTech, a Taiwanese leader in Atomic Layer Deposition (ALD) equipment for the semiconductor industry. The joint development effort, which began at the start of the year, focused on the optimization and evaluation of ALD films deposited by SkyTech on Smoltek's proprietary CNF-MIM (Carbon Nanofiber-Metal-Insulator-Metal) test capacitor structures. The result is a capacitance density in excess of 1 µF/mm² using an active layer thickness of only 6 µm--corresponding to a volumetric capacitance density exceeding 160 nF/mm²-µm, which is among the highest reported volumetric capacitance density for ultra-thin capacitors in the industry. Announcement • May 28
Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering in the amount of SEK 31.974941 million. Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering in the amount of SEK 31.974941 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 106,583,136
Price\Range: SEK 0.3
Transaction Features: Rights Offering Announcement • May 21
Smoltek Nanotech Holding AB (publ) Receives New Patent for Innovative Method Enabling Precise Coating of Iridium Smoltek Nanotech Holding AB (publ) has been granted a patent for a method to precisely deposit iridium - a critical and expensive precious metal used for hydrogen production with PEM electrolyzers - using only standardized laboratory equipment. The patented method represents a significant step forward in the development of the Company's porous transport electrode (PTE) technology. The patented method makes it possible to precisely control the amount of iridium deposited during coating with simple standard equipment in a laboratory environment - something that has so far only been possible with expensive and industrial ALD (Atomic Layer Deposition) technology. The patented method, developed by Xin Wen, Ph.D., senior researcher in nanotechnology, protects an electrolyzer anode that combines nanostructures, such as carbon nanofibers, with a comprehensive corrosion protection in the form of platinum. The platinum coating is designed to follow the contours of the nanostructures, thereby maximizing the surface area. Parts of the surface are also covered with iridium oxide particles that form a coherent catalytic layer, which contributes to both catalytic activity and increased corrosion protection. Xin Wen and her colleagues' work spans the entire development chain - including nanofabrication of thin film stacks on porous substrates, whole-cell tests at high proton currents in laboratory cells, and material characterization after long-term tests. The manufacturing of cells is done in collaboration with suppliers of industrial coating processes, while the iridium coating method described in the patent is performed and refined in Smoltek's own development laboratory, H2LAB. The patent is the seventh in Smoltek's innovations for hydrogen solutions and strengthens the company's position as a technology leader in next-generation hydrogen technology - where efficient use of iridium and increased catalytic activity are crucial for sustainable and scalable hydrogen production. The patent brings Smoltek's IP portfolio to 96 globally granted patents. Announcement • May 08
Smoltek Nanotech Holding AB Announces CEO Changes Smoltek Nanotech Holding AB has appointed Magnus Andersson as new CEO, effective June 1, 2025. Magnus Andersson, who is already well-versed in the business after working with financing, business development and strategic initiatives at Smoltek for the past year, succeeds Håkan Persson, who is retiring but will remain as senior advisor during a transition period. Magnus Andersson has over 25 years of international experience in corporate acquisitions, business development and leadership in technology-driven growth companies, primarily in the energy sector, where he also acts as an energy expert. During the past year, he has worked closely with Smoltek as an advisor with a focus on strategy, business development and financing. His expertise in strategic growth and commercialization makes him well-suited to lead Smoltek into the next phase. Magnus Andersson will take over as acting CEO (tp. CEO) as of June 1, 2025. Håkan Persson has been CEO of Smoltek since October 2021 and has been central to Smoltek's development. Under his leadership, the company has taken the step from advanced research to a position ready for industrialization and commercialization together with strategic partners. Announcement • Mar 31
Smoltek Nanotech Holding AB to Report Q1, 2025 Results on Apr 29, 2025 Smoltek Nanotech Holding AB announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Jan 22
Smoltek Nanotech Holding AB to Report Fiscal Year 2024 Results on Feb 20, 2025 Smoltek Nanotech Holding AB announced that they will report fiscal year 2024 results on Feb 20, 2025 Announcement • Jan 17
Smoltek Nanotech Holding AB (publ) Produces Hydrogen with Only 0.1 Mg of Iridium Per Square Centimeter - A Breakthrough Technology for PEM Electrolyzers Smoltek Nanotech Holding AB (publ) has developed a porous transport electrode (PTE) that reduces the amount of iridium catalysts in PEM electrolyzers to a minimum of 0.1 mg/cm2- the level considered to make large-scale production of PEM electrolyzers profitable. The reduction represents a 95% reduction in iridium compared to conventional PEM electrolyzers, which provides a solution to the major challenge that the overuse of iridium poses to the hydrogen industry. In a durability test over 250 hours of continuous operation (at 2 A/cm2), Smoltek Hydrogen's PTE produced hydrogen with a catalyst loading of only 0.1 mg iridium/cm2 - without any degradation of the nanostructure of the electrolyzer cell. The test results demonstrate that the company's anode electrode technology is durable and efficient, while reducing iridium usage by 95% compared to conventional technology. Smoltek Hydrogen’s nanostructure for PTE has been developed in record time. The first prototypes with 0.5 mg iridium/cm2 began serious testing in 2023. The results showed that further research into how Smoltek's nanostructures can be configured to survive in the harsh electrochemical environment of an electrolyzer cell could make it possible to reach down to 0.1 mg iridium/cm2. High iridium usage has long been a major technical challenge for the rapidly growing green hydrogen industry produced from intermittent energy sources such as solar and wind power, as ’s conventional PEM electrolyzers use around 2.0 milligrams of iridium per square centimeter. The results from last year’s reliability test with 0.2 mg iridium/cm2 made a big impression in the hydrogen industry, and the company received inquiries from several potential customers who expressed interest in conducting their own tests of the technology. Announcement • Oct 09
Smoltek Nanotech Holding AB Strengthens Its IP Portfolio with A New Patent in Hydrogen Technology Smoltek Nanotech Holding AB has been granted a new patent in hydrogen technology. The patent relates to an innovative solution for corrosion protection of nanostructures with non-noble metal oxides on the anode in PEM electrolysis, which improves the durability and efficiency of the electrodes at low iridium content. With this patent, Smoltek strengthens its position in the growing market for green hydrogen, while expanding the IP portfolio to a total of 92 granted patents. Smoltek has been granted a new patent, the sixth in the order, in the area of solutions for hydrogen applications. Most of the hydrogen produced comes from fossil hydrocarbons, resulting in huge emissions of carbon dioxide into the atmosphere. However, hydrogen production through electrolysis of water can be made 100% fossil-free and avoiding those emissions. A main obstacle though is the use of expensive precious metals, like iridium, as catalysts in the process of the proton exchange membrane (PEM) water electrolyzers. Current PEM electrolyzers face significant challenges due to the corrosive conditions within the electrolysis cell. The combination of an acidic environment and high electrical potential requires the use of highly chemically stable materials, such as iridium and platinum. By using carbon nanostructures as a catalyst support for the anode electrode, Smoltek Hydrogen has shown that a reduction of the iridium content by 95 percent in PEM electrolysers is possible. To protect the nanostructure, it is coated with a platinum coating. With the recently granted patent, Smoltek Hydrogen introduces an innovation that coats the nanostructure with non-precious metal oxides, further reducing the use of expensive platinum, and thus the cost of the anode. In addition, the innovation also improves the cell's durability and efficiency, making the solution even more attractive to electrolyzer manufacturers. Announcement • Oct 07
Smoltek Nanotech Holding AB to Report Q3, 2024 Results on Nov 05, 2024 Smoltek Nanotech Holding AB announced that they will report Q3, 2024 results on Nov 05, 2024 Announcement • Sep 04
Smoltek Achieves Major Hydrogen Business Breakthrough with A4-Sized Carbon Nanofiber Growth Smoltek Nanotech Holding AB (publ) announced a significant technological breakthrough. The R&D team has successfully grown carbon nanofibers (CNFs) over an A4-sized area, marking the first time such a large CNF-covered material sample has been fabricated. This breakthrough is a crucial step towards industrial scalability of carbon nanofiber coating, which is a key step in developing the porous transport electrode for PEM electrolyzers and similar solutions for fuel cells being developed by Smoltek Hydrogen. In 2023 the founder of Smoltek, Shafiq Kabir, re-joined the company to scale up technologies to the sizes required in the hydrogen business. During the spring, Smoltek Hydrogen upgraded Smoltek's proprietary PECVD R&D tool to grow CNF over a larger area. The improvements include a larger heater, a new top electrode, and a modified growth process. As a result, the R&D-team successfully expanded the plasma size from a 6-inch diameter to an A4 size, tripling the coverage area and achieving stable plasma across the entire A4 surface. Announcement • Jul 31
Smoltek Nanotech Holding AB to Report First Half, 2024 Results on Aug 29, 2024 Smoltek Nanotech Holding AB announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jul 02
Smoltek Nanotech Holding AB (publ) Receives a New Patent Smoltek Nanotech Holding AB (publ) announced that the company has received a new patent - marking the beginning of a new patent family called Multilayer Cap. The novel innovation introduces a MIM-capacitor device that can double or triple the capacitance density of the company's CNF-MIM capacitors. This patent is considered important both for Smoltek's business and technological advancement. This newly granted patent is the first one in a new patent family called Multilayer Cap and details an invention for a layered energy storage device, e.g. a capacitor, built using a metal-insulator-metal (MIM) configuration. The invention relates to metal-insulator-metal (MIM) electrostatic and/or electrochemical energy storage devices, including capacitors and batteries. It introduces a method for creating a carbon nanofiber (CNF) based, multilayer MIM structure, where electrodes and dielectrics are sequentially layered. This innovative approach of stacking conductor-insulator layers is developed to increase the capacitance density and hence is considered important for Smoltek business and technology. The patent application actually includes two independent claims: A device claim, which outlines the stacked multilayer capacitor structure having alternating conductor-insulator layers. And a method claim which details the fabrication process of such device using conformal coating on the CNFs. Announcement • Jun 20
Smoltek Has the Technology for Next-Generation Capacitors and Is Seeking Financially Strong Partners to Industrialize It Smoltek Nanotech Holding AB announced its strategic objectives for the semiconductor business area, focusing on their CNF-MIM technology, which offers a competitive alternative to silicon capacitors for high-performance, ultra-thin capacitors used in processors for mobile phones and computers. The company plans to complete its next-generation capacitors (Gen-One) in 2024, matching competitors in performance with an exceptionally thin form factor. Smoltek has made significant progress in both technical development and creating an industrial process for high-volume production of the company's capacitor technology, CNF-MIM. Now, Smoltek is seeking financially strong partners through a bidding process, expected to take 6-12 months, aiming to bring their technology to market and support continued technological development and new collaborations. Smoltek's capacitor technology is an important hardware component to meet the high demands of the technology development within AI, 5G/6G and advanced driver assistance systems (ADAS). The market requires a new generation of capacitors that are extremely thin with high capacitance density, which can be placed close to the active power source or processor chip to meet performance and functionality requirements. With the continued development of semiconductor manufacturers and the increasing need for smaller and more efficient components, the market for extremely thin capacitors is expected to expand in the coming years, confirmed by industry-specific entities. Currently, the leading capacitor technology that meets market demands is not commercially available, as it was developed exclusively in a partnership between Apple and TSMC. This creates opportunities for other players, such as Smoltek. In April 2024, Smoltek announced that its CNF-MIM capacitors (Gen-One) are expected to be commercially competitive with the leading technology. Gen-One capacitors, based on Smoltek's nanotechnology-based CNF-MIM platform, will provide a foundation for future manufacturing of ultra-thin capacitors with high capacitance density. Announcement • May 23
Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering in the amount of SEK 25.958478 million. Smoltek Nanotech Holding AB has filed a Follow-on Equity Offering in the amount of SEK 25.958478 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 57,685,506
Price\Range: SEK 0.45
Transaction Features: Rights Offering Announcement • Apr 24
Smoltek Nanotech Holding AB announces group company Smotek Semi Develops New Technology Generation of it's CNF-MIM Capacitors That Enables A Powerful Increase in the Capacitors in Capacitors Smoltek Nanotech Holding AB announced that the group company Smotek Semi has developed a new technology generation of the company's capacitor technology, CNF-MIM. The new generation, called Gen-Zero, is the foundation for achieving the goal of manufacturing different types of capacitors with very high capacitance density. High capacitance density combined with an extremely small form factor is a requirement for next-generation capacitors for advanced electronic products, such as mobile phones. During 2023 group company Smoltek Semi has worked on developing a new technology generation of the Company's CNF-MIM capacitors with high volumetric capacitance density. Gen-Zero, as it is called, has recently been completed as part of the collaboration with YAGEO, with Smoltek Semi owning all rights to the result. With the new Gen-Zero capacitors, Smoltek can create a volumetric capacitance density of up to 120 nanofarads per square millimeter and per 1 micrometer of carbon nanofiber. This is comparable to the best capacitors on the market. The capacitance values in the Gen-Zero capacitors are, however, lower than the competitors. This is due to the fact that Smoltek Semi has not yet optimized the length of the fibers. The carbon nanofibers in Gen-Zero are only a few of micrometers tall. In the next generation, Gen-One, the ambition is to grow longer carbon nanofibers, up to 10 micrometers tall, which is expected to bring the capacitance values on par with the competitors. Announcement • Apr 17
Smoltek Nanotech Holding AB, Annual General Meeting, May 14, 2024 Smoltek Nanotech Holding AB, Annual General Meeting, May 14, 2024. Announcement • Apr 03
Smoltek Nanotech Holding AB to Report Q1, 2024 Results on May 02, 2024 Smoltek Nanotech Holding AB announced that they will report Q1, 2024 results on May 02, 2024 Announcement • Jan 24
Smoltek Nanotech Holding AB to Report Fiscal Year 2023 Results on Feb 22, 2024 Smoltek Nanotech Holding AB announced that they will report fiscal year 2023 results on Feb 22, 2024 New Risk • Jan 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Revenue is less than US$5m (kr10m revenue, or US$1.0m). Market cap is less than US$100m (kr106.2m market cap, or US$10.4m). Announcement • Nov 12
Smoltek Nanotech Holding AB (publ) Announces the Composition of the Nomination Committee Smoltek Nanotech Holding AB (publ) announced the composition of the nomination committee in Smoltek ahead of the 2024 annual general meeting. The members of the nomination committee consist of Lena Olving, Hans Börsvik and David Pettersson and the company's chairman of the board Per Zellman. The members of the nomination committee have been appointed in accordance with the instructions for the nomination committee that were adopted at the annual general meeting on May 11, 2023, in accordance with which the company's three largest owners as of September 30, 2023, have the right to appoint each representative in the election committee. This year's representatives have been appointed by Gramtec Business Partner AB, Peter Enoksson and Kaj Holmberg. The nomination committee consists of the following members: Lena Olving (Chairman of the nomination committee, third year): Partner and founder of Olving & Ohberg AB. Prior to that, she held the role of president and CEO of Mycronic AB. Lena has a long career in e.g., Volvo Cars AB and Saab AB behind her and primarily active on boards and as an advisor and mentor. Lena holds board positions in several international companies, such as Assa Abloy AB, Investment AB Latour, Vestas Wind System A/S, NXP Semiconductor B.V, etc. Hans Börsvik: Has been active since 2015 as a board member, board chairman, mentor, advisor and in election committees and advisory boards. Prior to that, Hans worked as an auditor at PwC for over 30 years, the last 8 years as deputy CEO and CEO. Current and previous assignments include Orvelin Group AB, Hedin Mobility Group AB, Stockholm University, SU Holding AB and Meritmind AB. Member of Jämställdhetsakademin. David Pettersson CEO of Gramtec Venture AB, a subsidiary of Gramtec Business Partner AB, and has a long relationship with Smoltek. David is also active as an investor, advisor and board member in several development companies. Per Zellman: Chairman of the board of Smoltek Nanotech Holding AB: Among other things, the nomination committee must submit proposals to the annual general meeting on the number of board members, the composition of the board, chairman of the board, election of auditors, board and auditor fees as well as the chairman of the annual general meeting in accordance with what follows from the Swedish code for corporate governance. Announcement • Oct 09
Smoltek Nanotech Holding AB to Report Nine Months, 2023 Results on Nov 07, 2023 Smoltek Nanotech Holding AB announced that they will report nine months, 2023 results on Nov 07, 2023 Reported Earnings • Sep 02
Second quarter 2023 earnings released: kr0.90 loss per share (vs kr1.12 loss in 2Q 2022) Second quarter 2023 results: kr0.90 loss per share. Revenue: kr2.70m (up 126% from 2Q 2022). Net loss: kr13.1m (loss widened 26% from 2Q 2022). Announcement • Aug 03
Smoltek Nanotech Holding AB to Report Q2, 2023 Results on Aug 31, 2023 Smoltek Nanotech Holding AB announced that they will report Q2, 2023 results on Aug 31, 2023 Recent Insider Transactions Derivative • Jun 21
CEO & President exercised options to buy kr75k worth of stock. On the 19th of June, Hakan Persson exercised options to buy 20k shares at a strike price of around kr3.56, costing a total of kr71k. This transaction amounted to 40% of their direct individual holding at the time of the trade. Since March 2023, Hakan has owned 50.00k shares directly. Company insiders have collectively bought kr71k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: kr5.04 loss per share (vs kr3.01 loss in FY 2021) Full year 2022 results: kr5.04 loss per share (further deteriorated from kr3.01 loss in FY 2021). Net loss: kr46.8m (loss widened 89% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Announcement • Feb 03
Peter Augustsson Will Not Be Available for Re-Election of Smoltek Nanotech Holding AB as Chairman Smoltek Nanotech Holding AB announced that chairman of the board Peter Augustsson has notified the election committee that he is not available for re-election at the 2023 annual general meeting. Peter has been chairman of the board of Smoltek since the company was listed on the stock exchange in 2018. The nomination committee is now starting the search process with the ambition of presenting its complete proposal for the board, including a new board chairman, in good time before Smoltek's annual general meeting. The 2023 annual general meeting will be held in Gothenburg, on May 11, 2023. Peter Augustsson remains chairman of the board until the annual general meeting. Announcement • Jan 24
Smoltek Nanotech Holding AB to Report Fiscal Year 2022 Results on Feb 22, 2023 Smoltek Nanotech Holding AB announced that they will report fiscal year 2022 results on Feb 22, 2023 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. Director Per Zellman was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released: kr1.31 loss per share (vs kr0.39 loss in 3Q 2021) Third quarter 2022 results: kr1.31 loss per share (further deteriorated from kr0.39 loss in 3Q 2021). Net loss: kr12.1m (loss widened 288% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Announcement • Sep 28
Smoltek Nanotech Holding AB to Report Q3, 2022 Results on Oct 27, 2022 Smoltek Nanotech Holding AB announced that they will report Q3, 2022 results on Oct 27, 2022 Reported Earnings • Jul 17
Second quarter 2022 earnings released: kr1.12 loss per share (vs kr0.75 loss in 2Q 2021) Second quarter 2022 results: kr1.12 loss per share (down from kr0.75 loss in 2Q 2021). Net loss: kr10.4m (loss widened 70% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 27
Full year 2021 earnings released: kr3.01 loss per share (vs kr1.99 loss in FY 2020) Full year 2021 results: kr3.01 loss per share (down from kr1.99 loss in FY 2020). Net loss: kr24.7m (loss widened 83% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 13
Smoltek Nanotech Holding AB, Annual General Meeting, May 12, 2022 Smoltek Nanotech Holding AB, Annual General Meeting, May 12, 2022. Agenda: To consider the election of two new Board members. Announcement • Mar 29
Smoltek Nanotech Holding AB to Report Q1, 2022 Results on Apr 27, 2022 Smoltek Nanotech Holding AB announced that they will report Q1, 2022 results on Apr 27, 2022 Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr3.01 loss per share (down from kr1.99 loss in FY 2020). Net loss: kr24.7m (loss widened 83% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • Feb 24
Smoltek Nanotech Holding AB Appoints Farzan Ghavanini as CTO Smoltek Nanotech Holding AB announced that Farzan Ghavanini has been appointed new Research and Development Manager (CTO) with effect from April 1, 2022. He most recently came from the role of Director, New Technology Development at Fingerprint Cards. Recent Insider Transactions • Jan 25
CTO & Director recently sold kr542k worth of stock On the 20th of January, Peter Enoksson sold around 20k shares on-market at roughly kr27.10 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought kr165k more than they sold in the last 12 months. Recent Insider Transactions Derivative • Nov 04
Chairman of the Board exercised options to buy kr74k worth of stock. On the 29th of October, Peter Augustsson exercised options to buy 3k shares at a strike price of around kr18.82, costing a total of kr59k. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. Since March 2021, Peter has owned 34.29k shares directly. Company insiders have collectively bought kr788k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Oct 28
Third quarter 2021 earnings released: kr0.39 loss per share (vs kr0.34 loss in 3Q 2020) Third quarter 2021 results: Net loss: kr3.07m (loss widened 34% from 3Q 2020). Executive Departure • Oct 12
Interim Chief Executive Officer Marie Landfors has left the company During their tenure, earnings grew by 93% annually compared to the industry average of 64%. On the 1st of October, Marie Landfors was replaced as CEO by Hakan Persson after less than a year in the role. We don't have any record of a personal shareholding under Marie's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model. Under Marie's leadership, the company delivered a total shareholder return of -30%. Executive Departure • Sep 23
Chief Technology Officer Vincent Desmaris has left the company On the 20th of September, Vincent Desmaris' tenure as Chief Technology Officer ended. As of June 2021, Vincent still personally held 63.45k shares (kr2.6m worth at the time). Vincent is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jul 18
Second quarter 2021 earnings released: kr0.75 loss per share (vs kr0.49 loss in 2Q 2020) Second quarter 2021 results: Net loss: kr6.12m (loss widened 94% from 2Q 2020). Announcement • May 13
Smoltek Publishes Operational Update on the Company's Continued Activities Within Industrialization and New Innovation Areas Smoltek Nanotech Holding AB ("Smoltek") announces that the company, after a completed change in the management team and subsequent initial strategy work, now is able to elaborate on the next step in Smoltek's ongoing activities within industrialization and innovation in line with the direction set in connection with the directed issue of 80 MSEK that was conducted in October 2020. During the rest of 2021, Smoltek will focus on two main areas: industrialization of the company's carbon fibre based capacitors (CNF-MIM) and development and collaborations in the electrolyzer segment. A strengthening of the company's internal resources and investments will support these activities. Smoltek is running its development projects in two group companies: Smoltek Semi, which is focusing on applications for the semiconductor industry (capacitors), and Smoltek Innovation, which is focusing on development in new application areas such as energy storage, energy conversion (electrolyzers) and applications in the biotechnology sector (bioelectrodes). Reported Earnings • Apr 28
First quarter 2021 earnings released: kr0.86 loss per share (vs kr0.63 loss in 1Q 2020) First quarter 2021 results: Net loss: kr6.96m (loss widened 74% from 1Q 2020). Recent Insider Transactions • Mar 24
Chairman of the Board recently bought kr513k worth of stock On the 19th of March, Peter Augustsson bought around 15k shares on-market at roughly kr34.23 per share. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Announcement • Mar 13
Smoltek Demonstrates Thinnest Capacitor Smoltek showed a capacitor prototype that is only a few micrometers high and together with the necessary substrate (component carrier) barely reaches 40 micrometers in total height. This at the same time as one can show a capacitance density of 500nF/mm2 (nanofarad per square millimeter), an equivalent series resistance below 10 mO (milliohm) and an internal inductance below 15 pH (picohenry). Is New 90 Day High Low • Feb 10
New 90-day high: kr53.80 The company is up 12% from its price of kr48.20 on 11 November 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 3.0% over the same period. Announcement • Dec 20
Smoltek Extends License Agreement for Evaluation of the Company's CNF-MIM-Technology Smoltek announced that the agreement signed with a leading capacitor manufacturer for technical and commercial evaluation of the company's CNF-MIM technology has been further extended, to December 31. At the same time, the parties have initiated a concrete dialogue on a possible continuation of the collaboration, with a decision to be expected during the first quarter of 2021. This spring, Smoltek announced two separate license agreements for technical and commercial evaluation of the company's patented CNF-MIM technology for semiconductor applications. The evaluation projects that were then started during the spring have taken longer to complete than expected. The license that was signed in March 2020 with one of the world's capacitor manufacturers, which was previously announced to have been extended to the end of October, is now extended to the end of the year without any additional cost for the licensee. The formalisation of the agreement was time-consuming, but it has now been signed. The extension enables the parties to focus on the completion of the evaluation, while at the same time discussing a possible continuation of the collaboration. Is New 90 Day High Low • Dec 15
New 90-day low: kr42.30 The company is down 38% from its price of kr67.80 on 15 September 2020. The Swedish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 41% over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: kr46.90 The company is down 22% from its price of kr59.80 on 28 August 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 30% over the same period. Announcement • Nov 25
Smoltek Nanotech Holding AB Extends License Agreement for Evaluation of the Company's CNF-MIM-technology Smoltek Nanotech Holding AB announced that the company has come to an agreement to extend the license agreement signed with a global manufacturer of electronic components for evaluation of Smoltek's CNF-MIM technology. In addition to further evaluation, the parties will also discuss the way forward after the evaluation, including a potential broadening of the collaboration. This spring, Smoltek announced two separate license agreements for technical and commercial evaluation of the company's patented CNF-MIM technology for semiconductor applications. The evaluation projects that were then started during the spring have taken longer to complete than expected. The extension lasts until March 31, as both parties have a positive outlook on this opportunity to continue the evaluation of the CNF-MIM technology, while at the same time discussing a way forward for the collaboration after the evaluation period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: kr0.34 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: kr2.30m (up 97% from 3Q 2019). Net loss: kr2.30m (loss narrowed 15% from 3Q 2019). Is New 90 Day High Low • Oct 19
New 90-day high: kr87.80 The company is up 45% from its price of kr60.60 on 21 July 2020. The Swedish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 12% over the same period. Announcement • Oct 16
Smoltek's CIO Shafiq Kabir to Become Senior Advisor, Effective January 22, 2021 Smoltek Nanotech Holding AB announced that the company’s founder and Chief Innovation Officer Dr. M Shafiq Kabir will leave the CIO position on January 22, 2021 to instead take on a role as a senior advisor and active shareholder in the company. Is New 90 Day High Low • Oct 02
New 90-day high: kr75.00 The company is up 27% from its price of kr59.20 on 03 July 2020. The Swedish market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 1.0% over the same period. 