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DGAP-News News vom 10.09.2018

XTPL S.A.: Nanotechnology Company XTPL Secures a New Round of Financing from Acatis Investment

DGAP-News: XTPL S.A. / Key word(s): Agreement/Financing

10.09.2018 / 12:01
The issuer is solely responsible for the content of this announcement.


The German fund Acatis Investment will again invest in XTPL, the company developing a disruptive ultra-precise nanoprinting technology. Managed by capital market icon Dr Hendrik Leber, Acatis is set to take up a new, private issue of XTPL shares. The funds raised through the issue, EUR 1m, will go towards financing XTPL's growth and expansion, including in Silicon Valley.
 
"XTPL has a unique technology that could revolutionise a number of major industry sectors. Acatis was among the first investors in XTPL and we are determined to be its long-term partner. Since first contact, we've liked the quality and commitment of the XTPL team. This will set the basis for the rapid development of the company", said Dr Henrik Leber, manager of Acatis Investment, justifying Acatis's new investment in the nanotechnology company.
 
XTPL is developing ultra-precise nanoprinting solutions for specific industrial applications, including a nanoprinter, a unique printing head and compatible nano-ink. The company has began commercialising its technology in the printed electronics sector, mostly in the fields of displays, semiconductors, advanced PCBs, anti-counterfeiting solutions and biosensors. This market is expected to reach USD 70 billion in 2026 from USD 29 billion in 2016 (IDTechEx report on Printed, Flexible and Organic Electronics 2015‒2025). XTPL expects to secure its first commercial deals and revenues in the coming quarters.
 
"XTPL is entering the hottest period of its growth. We are steadily building our position in the US, where we have set up operating structures and enlisted support from experienced Silicon Valley managers. We are aware that the US market is key ‒ this is where many projects went from startup to unicorn. The financing from Acatis will allow us to strategically strengthen and accelerate the pace of commercialisation overseas", said Filip Granek, co-founder and CEO of XTPL.
 
Acatis has decided to acquire 47,000 new XTPL shares issued through private placement. The funds raised by this issue will be used to finance XTPL's increased sales activity in the receptive US market. After the investment made last year, this is another decision of Acatis Investment, which has EUR 5 billion assets under management, to provide capital to XTPL.

"The new round of financing from such a renowned financial institution is the best proof of XTPL's potential. Our goal is clear: we want our technology to reach the production lines of leading manufacturers in at least several industries, including display and semiconductor manufacturing", explains Maciej Adamczyk, XTPL's co-founder and CEO.
 
XTPL is currently negotiating a commercial deal with a global leader in the sale of equipment for the production of displays. This potential Chinese partner of XTPL is valued at more than USD 9 billion. The talks are an effect of the previous work on a proof-of-concept project. In parallel, XTPL is doing similar work for many other companies worldwide, including large Silicon Valley players. XTPL wants to benefit from the proximity to the German financial ecosystem ‒ the company's directors attended Herbstkonferenz in Frankfurt am Main, where they met with investors and fund managers. Since September 2017, XTPL has been listed on the NewConnect market (parallel market of the Warsaw Stock Exchange). The company's fast growth and the resulting increase in interest from institutional investors prompted the company to transfer to the main market of the Warsaw Stock Exchange. In consequence, the company gained a single European passport enabling parallel listing on the Open Market of Deutsche Börse in Frankfurt . XTPL's current shareholders include two foreign investors with more than 5% of the company's stock: the German investment funds Acatis Investment and Heidelberger Beteiligungsholding.

Additional information is available from:

Marta Jankiewicz | Marketing & PR Director at XTPL S.A.
+48 664 423 948 |marta.jankiewicz@xt-pl.com

 


10.09.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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