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Thin Film Electronics ASA (THIN.OL)

THIN.OL on Oslo Stock Exchange

2.57NOK
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Thin Film Electronics: Campari America New Customer​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - THIN FILM ELECTRONICS ASA ::‍TODAY ANNOUNCED CAMPARI AMERICA AS A NEW CUSTOMER​.  Full Article

Thin Film Electronics Says ‍Xerox Corp Will Acquire Certain Thinfilm Memory Intellectual Property​
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Thin Film Electronics Asa ::‍XEROX CORP. WILL ACQUIRE CERTAIN THINFILM MEMORY(TM) INTELLECTUAL PROPERTY​.THIN FILM ELECTRONICS - ‍IN RETURN, CO TO RECEIVE UP-FRONT PAYMENT PLUS AN EARN-OUT BASED ON EXISTING AGREED-TO ROYALTY SCHEDULE​.  Full Article

Thinfilm: Mundipharma New Customer
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - THIN FILM ELECTRONICS ASA ::REG-MUNDIPHARMA USES THINFILM'S NFC SOLUTION TO GENERATE CONSUMER AWARENESS FOR NEW COLD-PREVENTION MEDICATION.‍MUNDIPHARMA AS A NEW CUSTOMER IN OTC HEALTHCARE MARKET​.  Full Article

Thinfilm: Unseong Industries New Customer
Monday, 18 Dec 2017 

Dec 18 (Reuters) - THIN FILM ELECTRONICS ASA ::REG-THINFILM ANNOUNCES UNSEONG INDUSTRIES AS NEW CUSTOMER IN APAC REGION.  Full Article

Thin Film Electronics: Astral Tequila New Customer
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - THIN FILM ELECTRONICS ASA ::REG-THINFILM ANNOUNCES ASTRAL TEQUILA AS NEW CUSTOMER.  Full Article

Thin Film Electronics Q3 operating loss widens to $14.2‍​ mln
Friday, 10 Nov 2017 

Nov 10 (Reuters) - THIN FILM ELECTRONICS ASA ::Q3 TOTAL REVENUE & OTHER INCOME $‍​ 1.3 MILLION VERSUS $ 829,000 YEAR AGO.Q3 OPERATING LOSS $ 14.2‍​ MILLION VERSUS LOSS $ 9.8 MILLION YEAR AGO.  Full Article

Thin Film signs a contract with wine producer PengWine
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - THIN FILM ELECTRONICS ASA :‍NEW CUSTOMER IN WINE AND SPIRITS INDUSTRY​.‍PENGWINE, PRODUCER OF 5-STAR CHILEAN WINES, WILL LEVERAGE THINFILM'S NFC SOLUTIONS​.  Full Article

Thin Film announces SFS Group USA as new customer
Friday, 27 Oct 2017 

Oct 27 (Reuters) - THIN FILM ELECTRONICS ASA :‍THINFILM ANNOUNCES SFS GROUP USA AS NEW CUSTOMER IN INDUSTRIAL SPACE​.  Full Article

Norway's Thin Film raises $110 million in share issue
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Thin Film Electronics Asa :‍has raised approximately NOK 881 million (approx. $110 million) in gross proceeds through a private placement consisting of 352,500,000 new shares​.‍subscription price in private placement has been set to nok 2.50 per share, equivalent to a 7.8% premium to closing price on oslo stock exchange yesterday.For more on the share issue, click on nFWN1MT0US​.  Full Article

Norway's Thin Film plans $110 mln share issue
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Thin Film Electronics Asa :Thin film electronics contemplates ‍private placement of up to NOK equivalent of USD 110 million, representing approximately 43% of outstanding shares in company​.‍subscription price in private placement will be set through an accelerated bookbuilding process and is expected to be set between NOK 2.50 and NOK 2.65.Thin Film's shares closed at NOK 2.32 on Wednesday.‍has received significant pre-commitments from existing shareholders, as well as new institutional investors​.‍application period for private placement commenced today at 16:30 cet and closes 19 october 2017 at 08:00 cet.has retained Carnegie AS as Sole Global Coordinator and Joint Bookrunner, and Cowen and Company, LLC and DNB Markets as Joint Bookrunners​.‍net proceeds from private placement are intended to fully fund investments and operations until cash break-even based on current projections. Cash break-even is expected to occur in early q2 2019​.‍capital expenditures are expected to consume 40% of proceeds​.‍remaining proceeds will fund working capital needs. Company's technical and engineering team is already adequately dimensioned and no significant additions are to be expected​.‍in 2019, production capacity is expected to reach 3 billion nfc equivalent front-end die, and in 2020 to reach 7 billion units​.  Full Article

BRIEF-Thinfilm Announces Organizational Changes To Fortify Position

* REG-THINFILM ANNOUNCES ORGANIZATIONAL CHANGES TO FORTIFY POSITION AS LEADING NFC MOBILE MARKETING SOLUTIONS PROVIDER