ESGFIRE comments on Ekobot Signing Distributor Agreement for the Netherlands
Company: EkobotListings: First North SwedenTicker: EKOBOTMarket cap at time of publication: 12,7 MSEKStock price at time of publication: 0,8 SEKBusiness: Agtech farming roboticsWebsite: https://www.ekobot.se/ ESGFIRE comment: ESGFIRE is thrilled to learn today (25/1 2024) that our portfolio company Ekobot has signed a distributor agreement with Homburg Holland for the Netherlands. The summary of the deal […]
Ekobot Signs Distributor Agreement for the Netherlands
Ekobot AB (publ) has entered into a distributor agreement with Homburg Holland for the Netherlands. The agreement grants Homburg Holland an exclusive right to sell Ekobot’s autonomous robotic systems WEAI for mechanical weed control in the region. Homburg Holland has set an initial target to sell 10 robotic systems during 2024 and early 2025, with […]
Bulletin from extraordinary general meeting of EKOBOT AB (publ) on 22 January 2024
The annual general meeting of EKOBOT AB (publ) (the ”Company”) took place today, 22 January 2024 at the Company’s premises at Slakterigatan 10, Västerås. Resolution to authorise the board of directors to resolve on new issues of shares, warrants and convertible notesThe meeting resolved, with the required majority, to authorise the board of directors to […]
ESGFIRE comments on Ekobot Securing Short-Term Loan facility
Company: EkobotListings: First North SwedenTicker: EKOBOTMarket cap at time of publication: 7,3 MSEKStock price at time of publication: 0,51 SEKBusiness: Agtech farming roboticsWebsite: https://www.ekobot.se/ ESGFIRE comment: ESGFIRE is positive upon learning that Ekobot today (15/2 2024) announced the successful securing of a short-term loan amounting to 3.0 million SEK. The loan is a temporary solution to […]
Ekobot Secures Short-Term Loan
Ekobot AB (publ) has successfully secured a short-term loan amounting to 3.0 million Swedish Kronor. The financing is designed to ensure the company’s operational continuity until a long-term financing solution can be finalized, anticipated during the first quarter of 2024. Concurrently, the company is awaiting a disbursement of 1.8 million Swedish Kronor from the Swedish […]
NOTICE TO EXTRAORDINARY GENERAL MEETING OF EKOBOT AB (PUBL)
The shareholders in EKOBOT AB (publ), registration no. 559096–1974 (the ”Company”), are hereby invited to an extraordinary general meeting on 22 January 2024, at 16:00 in the Company’s premises at Slakterigatan 10, 721 32 Västerås. N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the extraordinary general […]
Major Shareholder Increases Stake in Ekobot
The company’s second-largest shareholder and board member, Tord Cederlund, has this week increased his ownership in Ekobot AB (publ) by 340,000 shares. His ownership now stands at 9.1%, up from the previous 6.9%. Contacts Jonas EklindCEO Ekobot AB (publ) – The evolution of agriculturejonas.eklind@ekobot.seHomepageLinkedIn About Ekobot Ekobot AB (publ), based in Västerås, conducts business based […]
ESGFIRE comment on Ekobot’s financial situation
Company: EkobotListings: First North SwedenTicker: EKOBOTMarket cap at time of publication: 4,3 MSEKStock price at time of publication: 0,27 SEKBusiness: Agtech farming roboticsWebsite: https://www.ekobot.se/ ESGFIRE comment: Ekobot published an update on their financial situation on December 1st, 2023. Unfortunately, the news communicated was less than encouraging. The company reported that the board of directors and […]
Ekobot provides an update on the company’s financial situation
As was evident from the third-quarter report for 2023, published by Ekobot AB (publ) on November 24, the board of directors and CEO are actively working on measures to secure new financing at the latest by the end of the year to ensure ongoing operations. Against the background of negative feedback from one of the […]
Ekobot publishes interim report for January-September 2023
Company: EkobotListings: First North SwedenTicker: EKOBOTMarket cap at time of publication: 13,7 MSEKStock price at time of publication: 0,896 SEKBusiness: Agtech farming roboticsWebsite: https://www.ekobot.se/ ESGFIRE portfolio company Ekobot on 24/11 2023 announced their financial report for January – September 2023. Financially there is not much to comment other than that Cash and cash equivalents at […]