Elliptic Laboratories AS

09/17/2021 | Press release | Distributed by Public on 09/17/2021 04:01

Elliptic Labs – Key information relating to share split

Date on which the corporate action was made public: 8 September 2021 Split ratio: 1 old share gives 10 new shares Last day including right: 29 September 2021 Ex-date: 30 September 2021 Record date: 1 October 2021 Date of approval: 24 September 2021 This information is subject to the disclosure requirements pursuant to the Euronext Growth Rule Book part II. For further queries, please contact: Lars Holmøy, CFO, [email protected] About Elliptic Labs: Elliptic Labs is headquartered in Norway with presence in the USA, China, South-Korea, Taiwan, and Japan. Founded in 2006 as a research spin-off from Norway's Oslo University, Elliptic Labs filed its IPO with the Euronext Growth Market in October, 2020. Elliptic Labs is now a global enterprise targeting the smartphone, laptop, IoT, and automotive markets. The Company's patented AI software combines ultrasound and sensor-fusion algorithms to deliver intuitive 3D gesture, proximity, and presence sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in over 150 million devices. Elliptic Labs is the only software company in the market that has delivered detection capabilities using AI software, ultrasound and sensor-fusion deployed at scale. Elliptic Labs' technology and IP are developed in Norway and solely owned by the Company.