H&D Wireless


Company: Hitech & Development Wireless Sweden Holding AB (publ)

Transaction: Rights issue

Issue volume: 38.0 MSEK

Date: November 2019

H&D Wireless develops and sells components, systems and services that enable connection, location efficiency and monitoring of materials, tools, fixtures and people. The technology makes it possible to analyse, automate and streamline flows and processes in a number of areas with the help of positioning technology, digitalisation and AI. The business is based on the proprietary cloud-based software platforms Griffin IoT Cloud Service, Casat™, and Griffin Enterprise Positioning Services (GEPS®).

H&D Wireless’ shares are listed on Nasdaq First North Growth Market.

Augment acted as financial advisor to the company in the rights issue.