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Thin Film Electronics ASA (THIN.OL)

THIN.OL on Oslo Stock Exchange

2.43NOK
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Thin Film Electronics: Astral Tequila New Customer
Tuesday, 5 Dec 2017 09:10am EST 

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 02:00am EST 

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 02:30am EST 

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 03:50am EDT 

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
Wednesday, 18 Oct 2017 09:12pm EDT 

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 12:39pm EDT 

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

Thin Film Electronics announces partnership and related market trial
Thursday, 7 Sep 2017 02:30am EDT 

Sept 7 (Reuters) - THIN FILM ELECTRONICS ASA ::‍TODAY ANNOUNCED A PARTNERSHIP AND RELATED MARKET TRIAL WITH CMSMARTCONNECT AND VALMONT COSMETICS​.‍THROUGH COLLABORATION, CMSMARTCONNECT WILL INTEGRATE THINFILM'S SPEEDTAP(TM) NFC TECHNOLOGY INTO VALMONT COSMETICS PACKAGING​.  Full Article

Thin Film Electronics: Nexgen Biotechnologies chooses ThinFilm's NFC solutions
Wednesday, 16 Aug 2017 02:30am EDT 

Aug 16 (Reuters) - THIN FILM ELECTRONICS ASA :NEXGEN BIOTECHNOLOGIES CHOOSES THINFILM'S NFC SOLUTIONS TO ENHANCE SUPPLY-CHAIN INTEGRITY AND BUILD TRUST WITH END CUSTOMERS.  Full Article

Thin Film Electronics April-June operating loss widens to $14.1 mln
Friday, 11 Aug 2017 02:00am EDT 

Aug 11 (Reuters) - THIN FILM ELECTRONICS ASA ::APRIL-JUNE TOTAL REVENUE & OTHER INCOME $2.3 MILLION VERSUS $1.2 MILLION YEAR AGO.APRIL-JUNE OPERATING LOSS $ 14.1 MILLION VERSUS LOSS $10.1 MILLION YEAR AGO.  Full Article

Thin Film Electronics: partnership with Cratus Technology
Tuesday, 18 Jul 2017 02:30am EDT 

July 18 (Reuters) - THIN FILM ELECTRONICS ASA :ANNOUNCED A PARTNERSHIP WITH CRATUS TECHNOLOGY.  Full Article

BRIEF-Thin Film Electronics: Astral Tequila New Customer

* REG-THINFILM ANNOUNCES ASTRAL TEQUILA AS NEW CUSTOMER Source text for Eikon: Further company coverage: (Gdynia Newsroom)