Capital raises
Here you’ll find information about Terranet’s capital raises – both ongoing and completed. All key documents are available for download.
Righs issue November 2025
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The information may NOT be downloaded or read by persons residing in the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Switzerland, Singapore, South Africa, or any other jurisdiction where participation would require additional prospectuses, registration, or measures other than those under Swedish law or otherwise contrary to the rules of such jurisdiction. Distribution of the information and participation in the Offer are subject to restrictions in law and other rules in some jurisdictions. The Company has not taken and will not take any steps to allow an offer to the public in any jurisdictions other than Sweden. The Offer is not addressed to persons domiciled in the United States, Canada, Japan, Australia, Hong Kong, New Zealand, Switzerland, Singapore, South Africa, or any other jurisdiction where participation would require additional information, registration, or other measures than those arising under Swedish law or otherwise contrary to the rules of such jurisdiction. Consequently, the information, the notification form and other documents relating to the Offer may not be distributed in or to said countries or any other jurisdiction where distribution or the Offer requires such action or otherwise violates applicable rules. Subscription of units and acquisition of securities in violation of the above limitations may be invalid. Persons receiving copies of the information must inform themselves of and comply with such restrictions. Measures in breach of the restrictions may constitute a breach of applicable securities lawl to ensure the Company’s financial strength and maintain the momentum that has now been built up in the commercialization phase.
Background and rationale
Terranet is on the verge of a commercial breakthrough. After several years of focused development, the Company has in 2025 delivered its first MVP version (Minimum Viable Product) of the proprietary collision warning system BlincVision – a tested and verified technology that, through laser triangulation, event cameras and real-time algorithms, can detect, analyze and react to moving objects up to ten times faster than today’s conventional systems. The delivery marks the transition from product development to business development and from vision to commercial reality.
BlincVision forms the basis for a new safety paradigm in how vehicles, robots and autonomous systems perceive and interact with their surroundings. Interest from the industry has increased significantly, and Terranet is now conducting discussions and tests with several leading players in the automotive industry, industrial automation, autonomous mobility and defense-related applications.
The capital from the directed share issue will be used to accelerate Terranet’s commercial journey and strengthen the Company’s financial position. Following the completion of the issue, the cash position is deemed to be sufficient to finance the business until the first quarter of 2027, giving Terranet the flexibility required to fully drive the commercialization of BlincVision and bring the technology to market.
In 2026, Terranet expects to enter a commercial phase and obtain its first revenues through strategic partnerships and collaboration agreements with leading industry partners in sectors relevant to the Company. The coming period is expected to be a crucial shift – from a development-driven innovation company to a commercial tech player with a scalable business model, increasing revenues and clear industrial demand.
In parallel, the Company continues to strengthen its technology platform and patent portfolio, while identifying new potential revenue streams outside the automotive industry, including industrial automation, autonomous mobility and defense applications.
The capital raise is expected to create the necessary conditions for Terranet to continue its technical validation, accelerate commercialization and establish revenue streams from 2026 onwards. In light of the current market situation and a current share price that means that outstanding warrants of series TO9 B are unlikely to be exercised to a sufficient extent, the Board of Directors believes that the planned issue is crucial to ensure the Company’s financial strength and maintain the momentum that has now been built up in the commercialization phase.
The Rights Issue in summary:
Subscription period: 14 November 2025 – 28 November 2025 (note that some nominees close subscription at an earlier date).
Trading in unit rights: 14 November 2025 – 25 November 2025.
Subscription with preferential rights: For each existing share held on the record date 12 Novemberg 2025, one (1) unit right will be received, thirtyfive (35) unit rights entitle to subscription of five (5) B-shares.
Unit: One (1) unit equals five (5) shares.
Subscription price: The subscription price in the rights issue amounts to SEK 0.39 per unit, equal to SEK 0,078 per share.
Issue proceeds: If fully subscribed in the Rights Issue, the company may receive a maximum of approximately SEK 18,5 million before issue costs.
Subscription and guarantee commitments: The Rights Issue is covered to 100 percent by subscription commitments and guarantee commitments.
Documents
Information memorandum bilaga iX
Information memorandum bilaga iX – Eng
Anmälningssedel för teckning med uniträtter – ifyllbar
Anmälningssedel för teckning utan foretrade -ifyllbar
Informationsbroschyr
Righs issue June 2025
The Rights Issue in summary:
Subscription period: 27 May 2025 – 11 June 2025 (note that some nominees close subscription at an earlier date).
Trading in unit rights: 27 May 2025 – 5 June 2025.
Subscription with preferential rights: For each existing share held on the record date 15 April 2025, one (1) subscription right will be received, five (5) subscription rights entitle to subscription of one (1) share.
Subscription price: The subscription price in the rights issue amounts to SEK 0.09 per share.
Issue proceeds: If fully subscribed in the Rights Issue, the company may receive a maximum of approximately SEK 15 million before issue costs.
Subscription and guarantee commitments: The Rights Issue is covered to 100 percent by subscription commitments and guarantee commitments.