21.12.2023 16:22:08 CET | SPENN Technology A/S | Company Announcement

Company Announcement No. 115

SPENN Technology A/S has today reinstated liquidity providing by entering a Liquidity Providing Agreement with Lago Kapital Ltd in accordance with the framework for Nasdaq Copenhagen rules for liquidity providing. In connection to the agreement for liquidity providing, JAC Invest A/S has agreed to lend 40,000 shares to Lago Kapital.

Liquidity providing in accordance with the agreement will commence on 22 December 2023 and will remain until terminated by either SPENN or LAGO Kapital Ltd.

The agreement has been concluded with reference to Nasdaq Nordic's Member Rules.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: jens@spenn.com

Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. 
Phone: +45 33 45 10 00, www.bakertilly.dk/

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds 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 SPENN 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 recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN 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. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S 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