TRACY® patent: Approved in China, ready for national registration in selected European countries

TRACY® patent: Approved in China, ready for national registration in selected European countries

The subscription period in LED iBond International A/S’ rights issue starts today

WED, OCT 28, 2020 11:00 CET

The primary patent for LED iBond’s flagship product Tracy®, “the Electrical Supply Module patent”, has been approved by the China National Intellectual Property Administration (CN108700284). The approval ensures solid protection of LED iBond International’s (LED iBond) Tracy®-related IP in the Chinese market.

Furthermore, for the European patent process, LED iBond has chosen its home markets and the most important European markets for national registration of the Electrical Supply Module patent (EP3403024). Thus, LED iBond will register the patent in the following eight EPC countries:

  • Denmark
  • Sweden
  • Norway
  • Finland
  • Germany
  • Switzerland
  • UK
  • France

Referred to as Patent Family 5 in LED iBond’s prospectus of 20 May 2020, the Electrical Supply Module patent protects both the construction of Tracy® and the Tracy® system, including the integration of LEDs as well as other electronic components in the Tracy® panel, the low voltage power supply function and the “model railway” concept for connecting Tracy® panels.

Lars Frederiksen, CTO of LED iBond, says:

– It is the uniqueness of LED iBond’s technology that keeps us ahead of our competitors. That is why patents are a key element of our business strategy. So I am very pleased indeed that one of our most important patents, the Tracy® patent, has been approved in China and that we are ready to implement the patent in the European market. We will continue our patent activities to protect our leading position in the marketplace – for Tracy® as well as for our products for disinfection and vertical farming.”

The status of the Electrical Supply Module patent in USA and India as reported in LED iBond’s prospectus is unchanged; the patent has already been granted in USA, while it is pending in India.

Further Information

Rolf H. Sprunk-Jansen, CEO
Mobile: +45 2020 3005
Email: rsj@ledibond.com

Company contact
LED iBond International A/S

Agern Allé 5A
2970 Hørsholm
Denmark

CVR 36041609

+45 7070 7855
info@ledibond.com
www.ledibond.com

Certified advisor contact
Per Lönn
Telephone: +46 40 200 250
Email: per.lonn@vhcorp.se

Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden

About LED iBond International A/S

Founded in 2014, LED iBond International offers innovative solutions for integrating light and data, based on the company’s deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED basis available, offering a unique value proposition combining total design flexibility, full IoT integration and low total costs of ownership. LED iBond’s technology has been deployed in many projects, ranging from intelligent shelf lighting to large scale indoor illumination projects such as the installation of 3.2 kilometres of Tracy®, the company’s innovative flagship product, at DTU, the Technical University of Denmark.

Due to the data transfer capabilities, superior form factor and cooling properties of the technology platform, LED iBond is focusing on three key markets: smart housing, UV disinfection and vertical farming, all projected to show significant growth in the years to come.

o4 August 2025 12:00

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE. 

 

Today, August 4, 2025, the subscription period in LED iBond International A/S’ (“LED iBond” or the “Company”) rights issue with preferential rights for existing shareholders (“Rights Issue” or the “Issue”) begins. A total of 232,249,090 new shares are issued at a subscription price of 0.06 DKK per new share. The subscription period runs from 4 August 2025 to and including 15 August 2025. Please note that each bank may have different deadlines. 

 

Summary of the Rights Issue: 

The Rights Issue is to be carried out on the following main terms: 

  • The capital increase is carried out as a Rights Issue with pre-emptive rights for existing shareholders exercising authorization in Articles of Association clauses 3.7 and 3.8. 
  • The Rights Issue comprises a maximum of 232,248,090 New Shares. 
  • The Subscription Price is set at 0.06 DKK per New Share. 
  • The subscription period runs from 4 August 2025 9.00 A.M. CEST to 15 August 2025 5.00 P.M. CEST. 
  • Upon full subscription of the Rights Issue, LED iBond will be provided with approximately 13.9 mDKK before deduction of transaction-related costs. 
     

Important dates: 

  • 4 August 2025: First day of subscription period 
  • 13 August 2025: Last day of trading period of subscription rights 
  • 15 August 2025: Last day of subscription period 
  • 20 August 2025: Announcement of result of Rights Issue 
  • 22 August 2025: Expected registration of the capital increase at Danish Business Authority 
  • 27 August 2025: First day of trading new shares 

For more information 

For more information about the Issue and LED iBond use the following link [TBD], or the press release published 21 July 2025.  

Additional information 

LED IBOND International A/S (CVR no. 36041609, LEI no. 894500LEGWUYMH704Y23) is headquartered in the Municipality of Furesø and the Company’s headquarters are located on the address, Ryttermarken 10 1, 3520 Farum, Denmark., www.ledibond.com 

Corporate matters 

The Company’s share capital is fully paid up. The Company is registered with the Danish Business Authority with CVR no. 36041609 and governed by Danish laws. 

Key people and advisers 

The Board of Directors 

Michael Brag, Chairman of the Board 

Christel Kniep, Board Member 

Henrik Mørch, Board Member 

Management 

Flemming Thomsen, CEO (interim) 

Peter Jensen, CFO 

Certified Advisor 

HC Andersen Capital 2 ApS 
Bredgade 23B, 2. 
1260 København K, 
Denmark 

Important notice 

This announcement is for the information of the Company’s shareholders and does not constitute an offer or invitation to subscribe for or purchase subscription rights or shares in the Company. There is no public offer of shares outside Denmark. Persons outside Denmark who come into possession of information about the Rights Issue are advised by the Company to observe any restrictions and should inform themselves about the legislation, including tax consequences, that may be relevant to them prior to investing in shares issued by LED IBOND International A/S. 

This announcement contains certain forward-looking statements, including statements about the Company’s operations. Such forward-looking statements are based on information, assumptions and estimates that the Company believes are reasonable. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause the Company’s actual results, performance or achievements or industry performance to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. If one or more of these risks or uncertainties materialize, or if an underlying assumption proves incorrect, the Company’s actual financial position or results of operations could differ materially from those described as assumed, evaluated, estimated or expected. 

Contact information 

LED IBOND International A/S 
Phone: +45 70 70 78 55 
Mail: info@ledibond.com 
Ryttermarken 10 1, DK-3520 Farum 
Denmark 

Certified Advisor 

HC Andersen Capital 2 ApS 
Bredgade 23B, 2. 
1260 København K, 
Denmark