Daexter schreef op 11 december 2023 10:29:
[...]
Ooit in grijs verleden toen ik nog voor Siemens werkte, ging daar het van Steven Seagal ontleende credo: "assumption is the mother of all fuckups". Lees je in en doe geen aannames als dat niet nodig is.
Het persbericht was er toch echt helder over, ik heb dat overigens ook al eens gepost hier,
the reason for the Offering is to enable the Company to cover its existing expenses and to establish
a reserve for the future and ongoing expenses of the Company, including for investments in the
commercialisation of Avantium’s technology programmes, such as its portfolio of technologies
beyond YXY® Technology, being the plantMEG™ technology and the biorefinery and CO2-based
chemicals and environmentally friendly polymer related technologies, and for general corporate
purposes, working capital and overall funding.
The Company currently anticipates using the net proceeds of the Offering as follows:
• 60% of the net proceeds of the Offering to further develop plantMEG™ technology (Ray
Technology™) and to scale-up towards further commercialisation via technology licensing;
• 10% of the net proceeds of the Offering to further develop biorefinery (Dawn Technology™)
and CO2-based chemicals and environmentally friendly polymer related technologies (Volta
Technology) as well as to assess economic feasibility and scale-up towards further
commercialisation; and
• 30% of the net proceeds of the Offering for general corporate purposes, working capital
and overall funding.