Hoylu AB: Hoylu publishes its Company Description and announces its plans for Listing at Nasdaq First North
Hoylu publishes its Company Description and announces its plans for Listing at Nasdaq First North.
Following the announcement of its intention to float on 17 October 2016, the Board of Directors of Hoylu AB (“Hoylu” or the “Company”) today publishes its Company Description in connection with its planned listing on Nasdaq First North, Stockholm with first day of trading on Monday the 20 February 2017 (the “Listing”).
“We established Hoylu in October 2016 with a senior management team with many years of experience, working with natural and intuitive computer interfaces, large format displays with touch and pen input and software for Creative Collaboration.
Together we saw an opportunity in the market to improve and simplify how people work in teams. The traditional meeting room scenario is one person using PowerPoint or a similar application to present in 2D to a group of passive listeners. Our goal is to improve productivity and enhance the experience by providing Creative Collaboration solutions that stimulate user interactions and intuitive, real time information sharing.
We are excited to present our solutions to enterprises all over the world and are happy to become publicly traded at Nasdaq First North, Stockholm as we believe it will allow us to grow faster and increase the awareness of what we have to offer.”
Stein Revelsby, CEO at Hoylu
Background for the Listing:
Hoylu was founded in October 2016 as a subsidiary of CSEC together with tech entrepreneur Stein Revelsby. The reason for the establishment through CSEC was to reach a distribution of shareholders as the Company had plans on going public during 2017. Stein Revelsby thereafter quickly recruited a senior management team with intentions of creating Creative Collaboration solutions, a submarket of enterprise collaboration.
The rationale for listing Hoylu’s shares on First North is primarily to provide Hoylu’s shareholders with liquidity in the shares and to have access to capital and finance the Company’s future growth. Additional benefits are increased media exposure and marketing towards potential customers and partners.
Advisers in connection to the Listing is Remium Nordic AB as Certified Adviser and Liquidity Provider , MAQS Advokatbyrå Stockholm AB as Legal Adviser and as auditor Stromson Revisionsbyrå KB.
For more information, please contact
Stein Revelsby, CEO at Hoylu
Mobile: +46 (0) 76 008 7330 /+1 213 440 2499
Karl Wiersholm, CFO at Hoylu
Mobile: +1 425 829 2316
Hoylu delivers solutions for presentation, ideation and collaboration that focus on enhancing the user experience. The company’s main area of interest is software for Creative Collaboration, combined with intuitive input and display technologies. This includes technologies for remote collaboration, Internet of Things and for connecting workspaces in different locations together, with the objective of simplifying work processes while improving productivity and creativity. For more information: www.hoylu.com or visit www.introduce.se/foretag/hoylu