Crunchfish and SpectreXR have signed evaluation agreements for each other’s software products to enable a joint offering to the AR/VR market. Crunchfish’s XR Skeleton products integrated with OctoXR from SpectreXR makes it is possible to enable any AR/VR device with a powerful object interaction solution in a very short time.

Crunchfish’s XR Skeleton has successfully been integrated into SpectreXR’s OctoXR product to showcase gesture interaction with virtual objects. One of the most exciting things about using hands in AR/VR is enabling users to interact with the virtual world like in real life. The core of this is the ability to grab and manipulate objects, which require both a robust hand tracking technology as well as interaction components that enable all the dynamics and physics behind virtual objects. A joint solution by Crunchfish and SpectreXR will significantly reduce the time to develop interactive AR/VR software systems and apps.

Crunchfish XR Skeleton provides hand tracking capabilities to AR/VR devices by analysing the image stream from the camera sensor(s) and then tracking 21 points on each hand with high precision. These 42 coordinates are then used to enable interaction with virtual objects.

It is very complex to design and develop virtual objects in AR/VR. The objects appear in three dimensions and also need to look and feel as realistic as in real life, which requires advanced software and very specific skills.

SpectreXR are specialists in developing and creating new and innovative solutions across multiple platforms using XR technologies. The flagship product OctoXR, includes a library of interaction components that are modular, composable and scalable, that can be integrated into existing architectures or run standalone.

“One of our most important long-term goals has always been to bring OctoXR into AR technology and when Crunchfish introduced their XR Skeleton we knew that this integration is a big step towards that. Bringing hand interactions into AR is a significant milestone and we are happy that it will add extra value to our present and future users and projects”, says Ivan Rajkovic, CEO at SpectreXR.

“I was very impressed by how fast XR Skeleton could be integrated into OctoXR and get to a working demo. The combination of Crunchfish’s XR Skeleton and OctoXR enables a powerful solution that may shorten the time to market for many of our customers”, says Joakim Nydemark, CEO at Crunchfish Gesture Interaction.

For more information, please contact:
Joakim Nydemark, CEO of Crunchfish Gesture Interaction AB
+46 706 35 16 09
Joakim.nydemark@crunchfish.com

The information was provided by the contact person above for publication on 15 December 2022 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com/gestures
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.

About SpectreXR – https://spectrexr.io
SpectreXR is a startup company that specializes in developing advanced virtual, augmented, and mixed-reality solutions. The main focus is on bringing realistic real-world hand interactions into AR/VR to maximize the effect of next-level immersive experiences.

Download as PDF

Crunchfish is a technical pioneer in the world of offline payments and active in several markets globally. Crunchfish is seeking to develop thought leadership pieces focused on providing insights on offline payment system design and security from a practical implementation perspective. Crunchfish has engaged payment experts Lipis Advisors to research and write two white papers to explore the topic of offline payments.

Over the last five years, interest in offline payments by central banks and other payment system providers has skyrocketed. Offline use is now considered a core feature of a retail Central Bank Digital Currency (CBDC) and major central banks such as RBI, ECB and Bank of England are exploring offline payment functionality in their respective CBDC research projects and proof-of-concepts (PoCs). Additionally, offline functionality is increasingly viewed as essential for commercial real-time payment systems to maximize operational resilience. Despite increased interest in this area by central banks and payment system providers, there is a lack of awareness around the practical design and technology considerations around implementation.

The overall theme of this white paper series is “Enabling offline payments in an online world”. The first white paper will be published in January 2023 with a focus on “Design choices for offline payments”. In March 2023, the second white paper on “Offline payments security” will follow. The white papers will be co-branded public documents, with research carried out independently by Lipis Advisors and sponsorship of the research by Crunchfish. As reference, please find the white paper about Decoding CBDC – Entering the next phase of CBDC exploration

About Lipis Advisors
Lipis Advisors is a Berlin-based strategic consulting firm focused exclusively on the payments sector. Our expertise has expanded over the years, evolving from research driven comparative analysis of core payment systems to strategic advice for diverse stakeholders on topics ranging from cryptocurrencies, CBDCs, digital banking, real-time payments, fraud mitigation, payment design and implementation. We have provided consulting services to clients in 40+ countries around the world, including internationalorganizations, financial institutions, payment service providers, fintechs, payment schemes, payment system operators, technology vendors, industry associations, and regulators.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

This information was provided by the contact person above for publication on 14 December 2022 at 15:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.

Download as PDF

Crunchfish AB (“Crunchfish” or the “Company”) announces that the last day of trading of warrants of series TO9 is tomorrow, December 15, 2022. The exercise period for the warrants runs until December 19, 2022. One (1) warrant entitles the holder to subscribe for one (1) new share in Crunchfish at an exercise price of SEK 13.40 per share.

If all warrants are exercised for subscription of shares, Crunchfish will receive approximately SEK 23 million before issue costs. Warrants that have not been exercised on or before December 19, 2022, expire without value. Holders who do not wish to exercise their warrants must sell them no later than tomorrow, December 15, 2022.

Important information: Subscription and payment for the new shares should take place in good time before December 19, 2022, as different nominees have different processing times.

Terms for the warrants
– Terms: One (1) warrant of series TO9 entitles the holder to subscribe for one (1) newly issued share in Crunchfish.
– Exercise price: SEK 13.40 per new share.
– Exercise period: December 5 – 19, 2022.
– Last day of trading in warrants: December 15, 2022.

Exercise of warrants
Exercise of nominee-registered warrants
Holders of warrants who have their holdings nominee-registered (holdings in securities custody services, investment savings accounts (ISK) or endowment insurances) must notify the exercise of warrants by contacting their respective nominee and follow the nominee’s instructions regarding subscription and payment. This should take place well before December 19, 2022, as different nominees have different processing times.

Exercise of directly registered warrants
Holders of warrants who have their holdings directly registered (holdings on a VP account) must notify the exercise of warrants by completing and submitting an application form for the exercise, so that the application form is received by the issuing agent, Nordic Issuing, no later than December 19, 2022. The application form is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites (www.crunchfish.com, http://www.nordic-issuing.se, http://www.vhcorp.se). Please note that payment for the new shares must be received by Nordic Issuing no later than December 19, 2022, in accordance with the instructions on the application form.

Outcome and delivery of new shares
The outcome of the exercise of warrants will be published via a press release on or around December 21, 2022. Shares that have been subscribed and paid for may be registered
on the subscriber’s securities depository as interim shares (IA) until registration of the issue has been completed with the Swedish Companies Registration Office, whereupon the interim shares automatically will be converted into ordinary shares in Crunchfish.

IMPORTANT INFORMATION
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, warrants or other securities in Crunchfish. An offer to concerned persons to subscribe for units consisting of shares and warrants series TO9 in Crunchfish has only been made through the prospectus that Crunchfish published on October 6, 2021.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

More information and information in Swedish, can also be found on crunchfish.com/investors/equity-raises/

This information was provided by the contact person above for publication on 14 December 2022 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.

Download as PDF

Crunchfish presentation at Västra Hamnen Corporate Finance Investerardagen on the theme “Big deals are coming” is now available. Joachim Samuelsson, Group CEO of Crunchfish, answers the questions; Why do we depend on the net to pay? How can a computer understand gestures? And why invest in Crunchfish?

Crunchfish presentation – Big deals are coming – from Västra Hamnen Corporate Finance Investerardagen is now available via this link. Joachim Samuelsson, Group CEO of Crunchfish, answers the questions;

• Why do we depend on the net to pay?
• How can a computer understand gestures?
• Why invest in Crunchfish?

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish CEO Joachim Samuelsson pitches, in Swedish, why to invest in Crunchfish and answers some quick questions.

Crunchfish CEO Joachim Samuelsson presents, in Swedish, why to invest in Crunchfish and answers questions about upcoming milestones. Watch the presentation via this link. A longer presentation is available via this link. 

Crunchfish warrants of series TO9

The exercise period for Crunchfish’s warrants of series TO9 commences today. Holders of warrants who wish to exercise these for subscription of shares shall give notice regarding exercise well before December 19, 2022.

Warrants that have not been exercised on or before December 19, 2022, expire without value. Holders who do not wish to exercise their warrants may sell them. Trading with warrants is ongoing up to and including December 15, 2022.

Information folder is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites Crunchfish, Nordic Issuing and Västra Hamnen Corporate Finance.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.

Download as PDF

Crunchfish AB (“Crunchfish” or the “Company”) conducted a unit issue of shares and warrants of series TO9 in October 2021. The exercise period for the warrants commences today, December 5, 2022 and runs up to and including December 19, 2022. One (1) warrant entitles the holder to subscribe for one (1) new share in Crunchfish. The subscription price per share that is subscribed for through exercising the warrants has, in accordance with the terms and conditions for the warrants, been set to SEK 13.40. If all warrants are exercised, Crunchfish will receive a maximum of approximately SEK 23 million before issuing costs.

Summary of instructions and important dates
Holders of warrants who wish to exercise these for subscription of shares shall give notice regarding such exercise well before December 19, 2022. Warrants that have not been exercised on or before December 19, 2022, expire without value. Holders who do not wish to exercise their warrants may sell them. Trading with warrants is ongoing up to and including December 15, 2022.

Information folder is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites Crunchfish, Nordic Issuing and Västra Hamnen Corporate Finance.

Information folder will also be sent out to most nominee and directly registered warrant holders.

Detailed information and instructions for subscription
Exercise price etc.
One (1) warrant entitles the holder to subscribe for one (1) new share in Crunchfish. The subscription price per share that is subscribed for through exercising the warrants has, in accordance with the terms and conditions for the warrants, been set to SEK 13.40. The subscription price has been defined as 70 percent of the volume-weighted average price for the Company’s share during the period November 16 – November 30, 2022.

Exercise of nominee-registered warrants
Holders of warrants who have their holdings nominee-registered (holdings in securities custody services, investment savings accounts (ISK) or endowment insurances) must notify the exercise of warrants by contacting their respective nominee and follow the nominee’s instructions regarding subscription and payment. This should take place well before December 19, 2022, as different nominees have different processing times.

Exercise of directly registered warrants
Holders of warrants who have their holdings directly registered (holdings on a VP account) must notify the exercise of warrants by completing and submitting an application form for the exercise, so that the application form is received by the issuing agent, Nordic Issuing, no later than December 19, 2022. The application form is available on the Company’s, the issuing agent’s and Västra Hamnen Corporate Finance’s respective websites (www.crunchfish.com, http://www.nordic-issuing.se, http://www.vhcorp.se). Please note that payment for the new shares must be received by Nordic Issuing no later than December 19, 2022, in accordance with the instructions on the application form.

Trading in TO9
Holders who do not wish to exercise their warrants may sell them on Nasdaq First North Growth Market. The warrants are traded up to and including December 15, 2022, under the short name CFISH TO9 with ISIN code SE0016843346. Warrants that are not exercised on December 19, 2022 at the latest or sold on December 15, 2022 at the latest, will expire without value.

Outcome and delivery of new shares
The outcome of the exercise of warrants will be published via a press release on or around December 21, 2022. Shares that have been subscribed and paid for may be registered on the subscriber’s securities depository as interim shares (IA) until registration of the issue has been completed with the Swedish Companies Registration Office, whereupon the interim shares automatically will be converted into ordinary shares in Crunchfish.

Number of warrants, possible proceeds and dilution
The number of warrants amounts to 1,718,072. Upon full exercise of all warrants, Crunchfish will receive approximately SEK 23 million before issuing costs. Upon full exercise of all warrants, the number of shares in Crunchfish will increase with 1,718,072 shares to 33,154,370 shares and the share capital will increase with SEK 79,031.312 to SEK 1,525,101.020. This entails a dilution of approximately 5.2 percent based on the number of shares in Crunchfish after full exercise of all warrants.

Financial advisor, issuing agent and legal advisor
Västra Hamnen Corporate Finance AB is financial advisor and Nordic Issuing act as issuing agent to Crunchfish in connection with the exercise of warrants of series TO9. Setterwalls Advokatbyrå AB is legal advisor.

IMPORTANT INFORMATION
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, warrants or other securities in Crunchfish. An offer to concerned persons to subscribe for units consisting of shares and warrants series TO9 in Crunchfish has only been made through the prospectus that Crunchfish published on October 6, 2021.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com

This information was provided by the contact person above for publication on 5 December 2022 at 08:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with subsidiary in India.

Download as PDF