Beskrivning
| Land | Danmark |
|---|---|
| Lista | First North Denmark |
| Sektor | Finans |
| Industri | Övriga finansiella tjänster |
23.9.2024 16:50:22 CEST | SPARK Technology A/S | Company Announcement
Company Announcement No. 138
By decision of 20 September 2024, the Danish Business Authority has rejected registration of the decisions on capital reductions that were taken at SPARK Technology's/under compulsory dissolution, extraordinary general meeting on 13 September 2024, as part of the company's plan for resumption.
The decision from the Danish Business Authority is based on the fact that the final decision on resuming was not made at the same time as the decisions on the capital reductions. The company takes note of the Danish Business Authority's decision.
The plan for the company is still to apply for resuming the company. When the preparatory work for this purpose, including the auditor's statement that the capital is present, is ready, a new general meeting will be called with a view to deciding on resumption.
The decision of the Danish Business Authority concerns only the planned capital reductions, but not the approval of the company's 2023 annual report, which was also adopted at the general meeting.
The decision has the following consequences:
The capital reductions adopted at the general meeting on 13 September 2024 are not valid as a result of the Danish Business Authority's decision. As a result, there has been no reduction in the company's capital, and there has been no change in the unit size of the shares in the company.
The previously planned extraordinary general meeting on 14 October 2024 was planned, based on the capital reductions that the Danish Business Authority has refused to register. As a consequence of the Danish Business Authority, a general meeting will not be held on this date. A new date for the general meeting will be announced as soon as possible.
The decision at the extraordinary general meeting on 13 September 2024 to approve the annual report 2023 is not covered by the Danish Business Authority's decision, and this decision is therefore still valid.
The company's financial calendar will be updated as soon as possible.
Certified Adviser
Company’s Certified Adviser is Baker Tilly Corporate Finance P/S (CVR-nr. 40073310), Poul Bundgaards Vej 1, 1., DK-2500 Valby, tlf. +45 3345 1000
For further Information, please contact:
Jens B. Glaso, former CEO SPARK Technology A/S. Phone +47 40 40 47 50, e-mail: jens@spenn.com
SPARK Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 000
About SPARK Technology A/S
In a world where 1.7 billion people are still unbanked, SPARK Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology the company has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPARK Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.
The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has launched new integrated services in the platform and expects to launch more crypto services going forward.
SPARK Technology is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPARK Technology is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.
SPARK Technology A/S (under the name SPENN Technology) is listed on the Nasdaq First North Growth Market Denmark and on OTCQX in USA.
Ticker codes:
Europe – Nasdaq First North: SPENN
USA – OTCQX: SPNNF