Following their announcement on 19 January 2021 of a proposed Placing, Subscription and Open Offer, we are delighted to host Surface Transforms management on Hardman Talks with a live investor presentation.
The event will be held on Zoom at 4:00pm on 25 January 2021. Please register here: https://zoom.us/webinar/register/WN_7OKl7yGVTFaK-e_y89aTbg
The net proceeds of the Placing will be used to fund the construction cost of OEM Production Cell Two, machinery improvements within OEM Production Cell One and for general working capital purposes. Kevin Johnson, Chief Executive Officer of Surface Transforms, commented:
“This decision to invest ahead of contract award reflects both our confidence in the strength of our pipeline – and our realisation that the new disruptive OEMs operate to different timescales than our other customers. The automotive industry is changing with electric vehicles central to this, and we are delighted to be a part of it.”
The presentation used in the event is available here and the recording will be available shortly after the event.