Spinnova PLC elects four members to its new Nomination Board
The board prepares proposals for director elections and remuneration at annual general meetings while ensuring the board possesses adequate industry expertise.
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Cellulosic textile fibre technology company
spinnova.comLast updated
In short: Spinnova filed for a US IPO to raise $15M while taking full ownership of Woodspin and restarting production at its demo factory.
The board prepares proposals for director elections and remuneration at annual general meetings while ensuring the board possesses adequate industry expertise.
The company publicly filed an SEC registration statement, targeting at least $15 million in gross proceeds to scale production and expand its licensing model.
It confidentially submitted a Form F-1 with the SEC, targeting at least USD 15 million in gross proceeds to fund its Eteläportti demo facility and commercialisation, pending shareholder approval and SEC review.
Immonen brings R&D experience from Valmet. Salmela will lead technology strategy and innovation.
Spinnova's textile fiber was expected to be a Finnish export hit, but the project suffered a major setback. CEO Janne Poranen explained in Talousaamun why he believes he will gain new momentum from Wall Street.
Jyväskylä-based material technology company Spinnova Oyj continued to report a loss for January-September, but the loss narrowed. The operating loss was EUR 6.9 million in the beginning of the year, compared to EUR 26.9 mi...
The textile fiber company plans to list its shares on the Nasdaq Capital Market in the United States.
Spinnova Oyj | Company Announcement | 27.8.2026, at 15:00...
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