Background
Audientes had previously on 15 February, 2023 (https://audientes.com/pages/company-announcements/E3BE1FA6E743CEAF), communicated to the market about its future capitalization, and the company's ongoing evaluation and pursuit of different strategic alternatives for its capitalization and more longer-term structures related to strategic investments, partnerships or aquisition. To assist in these efforts, Audientes has retained Gemstone Capital (https://gemstonecapital.com/), a Denmark-based corporate finance advisor.
Having previously announced a revised financial calender for 2023 for, among others, the release of its Annual Report for 2022 and the upcoming Annual General Meeting 2023, the Company has now decided to further postpone these dates.
The postponement is due to the ongoing dialogue with commercial partners, investors and lenders which may potentially affect the conclusions in the Annual Report. Further, the Company finds it relevant to include the latest update and the conclusion on these discussions in the communication within the Annual Report.
Audientes has recently issued an updated Q4/Year-end report for 2022 (https://audientes.com/pages/company-announcements/6C6327E0C93D8677).
Changes to financial calendar
The financial calender for the Annual Report 2022 and the Annual General Meeting 2023 is therefore amended. The publication date of the Annual Report 2022 is moved from 17 May, 2023 to 13 June, 2023.
Correspondingly, the date of the Annual General Meeting 2023 is now moved from 30 May, 2023, to 28 June, 2023 due to the requirement of having at least two weeks between the publishing of the Annual Report 2022 and the Annual General Meeting 2023.
Financial Calender
The financial calendar for 2023 is now scheduled as follows:
+----------------+---------------------------+
|Date            |Title                      |
+----------------+---------------------------+
|30 May, 2023    |Q1 2023 reporting          |
+----------------+---------------------------+
|13 June, 2023   |Annual Report for 2022     |
+----------------+---------------------------+
|28 June, 2023   |Annual General Meeting 2023|
+----------------+---------------------------+
|24 August, 2023 |Q2/Half-year 2023 reporting|
+----------------+---------------------------+
|9 November, 2023|Q3 2023 reporting          |
+----------------+---------------------------+
For further information, please contact:
Steen Thygesen,CEO, Audientes A/S
Phone: +45 53 17 26 10
Email:st@audientes.com
Troels Torp,CFO, Audientes A/S
Phone: +45 ‭40 52 18 80‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬
Email:tto@audientes.com
About Audientes A/S
Audientes A/S is a Danish hearing health company specializing in smart, self-fitting and affordable hearing aids and advanced hearables. Audientes' unique hearing aid solution, Ven™ by Audientes, is available for purchase in the Indian market, online and in retail, and will be introduced to the USA over-the-counter market and other markets in the coming years. Companion by Audientes is an advanced hearable consumer electronics product that is commercially available in Europe and later in 2023 in USA, Japan and other markets.
Audientes' mission is to make high-quality hearing aids and hearables for hearing improvement or hearing enhancement accessible to everyone who needs them globally. Audientes is listed on Spotlight Stock Market Denmark (AUDNTS) and headquartered in Copenhagen, Denmark with a subsidiary in Hyderabad, India.
For additional information please refer to the company's websites, www.audientes.com, www.audientes.eu, or www.audientes.in