Company announcement no. 43
Fredericia, October 29. 2020
With reference to company announcement no. 35, it is hereby announced that the planned
listing of Aquaturu A/S will be moved into 2021.
We must now also state that we will not reach the previously announced positive cash flow in
Q4 this year.
The postponement is to mature and further strengthen the company before the IPO, including
to examine the possibilities of obtaining a direct investment from an industry investor.
Aquaturu has just entered into a number of major LOI agreements (Pre-sales agreements),
among others. with a large salmon farming company in the USA, as well as with several of the
largest Danish producers. Thus, the company expects to complete more sales in the coming
period and before the IPO.
Aquaturu A/S is also in dialogue with both local and international distributors, who will help to
implement the companys sales strategy and ensure local support.
The validation of the companys technology, for the control of bacteria and parasites, is well
documented via specialized external test laboratories (Højvang Laboratorier A/S and Bioneer
A/S), where a number of tests have been carried out on production water from fish farms and
on water added to a model. parasite (cryptosporidium). This documentation will be included in
our company description.
CEO Aquaturu A/S Brian Feldsted states:
“We thank the many pre-subscribers who have already signed up for 40% of the current offer
in the Aquaturu IPO. We will keep you continuously informed about the upcoming tender in
2021, so that you again have the opportunity to participate when we are ready in 2021.
In conclusion, I would like to thank the Aquaturu A/S team, for having reached a number
of important milestones for the company ”.
About Waturu Holding A/S
Waturu Holding A/S is a Danish based Greentech company, which develops innovative water
technology for heating or treating water, with the focus on ensuring bacteria-free water and
reducing water and energy consumption for heating hot water in properties and thus ensuring
CO2 savings. Waturu Holding A/S is a major shareholder in the medical company Watgen
Medical A/S and in the technology company Aquaturu A/S.
Further information:
CEO Toke Reedtz, cell.: +45 5188 1262, e-mail: toke@waturu.com
Waturu Holding A/S
Sjællandsgade 32
7100 Vejle
Certified Adviser
Tofte & Company ApS
Christian IX Gade 7, 3 rd ,
1111 København
Phone.: +45 71961030
Contact: Sasja Dalgaard, mobile: +45 26100877, e-mail: sd@toftecompany.com
Website: toftecompany.com
Nasdaq First North Growth Market
Important links:
Websites:
www.waturu.com
www.aquaturu.com
www.watgenmedical.com
Financial reports:
www.waturu.com/documents
Further press related news:
www.linkedin.com/company/waturu/
www.facebook.com/WaturuDenmark/