Insufficient liquidity to meet future obligations
Company Announcement no. 134/2025 (December 18, 2025)
The Board of Directors has today been presented with a revised liquidity forecast.
The forecast has been prepared in the wake of termination of the collaboration with the interim CEO with immediate effect as per announcement 134 of 9th December 2025 and after the recent appointment of a new CFO René Palne as per announcement 132 of 26 November 2025. Additionally, in the light of information that the opening of public support funds under the 2025 Green and Climate Technology Program for horticulture recently has been even further delayed until End 2026 – more than 15 months later than earlier market information – the revenue growth within horticulture market in Denmark has significant longer perspectives.
Consequently, lack of revenues and tighter review of costs and payment commitments lead to the conclusion that the company has insufficient liquidity to meet its commitments in less than 3 months’ forecast.
The Board assesses different options to secure funding and assesses near future cost savings and near future revenue areas. The Board expects to revert with an update on this within the next 4 weeks.
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Further Information
Michael Brag, Chairman
Mobile: +45 25 10 12 00
Email: mbr@ledibond.com
Company contact
LED iBond International A/S
Ryttermarken 10, 1
3520 Farum
Denmark
CVR 36041609
+45 7070 7855
info@ledibond.com
www.ledibond.com
Certified advisor
HC Andersen Capital
Bredgade 23B, 2.
1260 København K
Telephone: +45 30 93 18 87
Email: ca@hcandersencapital.dk
About LED iBond International A/S
Founded in 2014, LED iBond A/S offers sustainable, innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and simple assembly technology.
LED iBond is focusing on three key business lines: Parking Facilities (Parking Houses & Solar Carports), Indoor Farming (Greenhouses & Vertical farms) and Service Stations (Canopies & Car Wash).
Our technology platforms TRACY®, GRACY™ and HORTISABER™ offer unique value propositions.
TRACY® and GRACY™ are developed to meet demands for high design flexibility, robustness, easy integration into building construction, less cables and low total costs of ownership due to market leading energy efficiency.
HORTISABER™ is a new generation of LED grow lights for indoor farming. It’s developed to meet the demands from modern greenhouse productions as it provides outstanding energy efficiency, light uniformity, superior passive cooling design that enhances the lifespan significantly and the unique linear slim-line design ensures minimal daylight shadow.
LED iBond’s lighting solutions has been installed in many large-scale projects ranging from Parking Houses, Charging Hubs, Solar Carports and Greenhouses to customised illumination projects such as shopping centres, intelligent shelf lighting and elevator ceilings.
LED iBond is a Danish design and manufacturing company.
LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).