Regarding suspension and process of resuming the company
Company Announcement No. 135
SPARK Technology A/S is today, 20 August 2024, registered by the Danish Business Authority as being under compulsory liquidation and that the company's management and executive board as a consequence resign as of today.
This is because the company has been late in submitting the auditor-signed annual financial report 2023 to the Danish Business Authority. The annual report was scheduled to be approved at the general meeting on 30 August 2024.
A new general meeting will be convened as soon as possible with a view to having the company resumed, including election of management and auditor. This also means that the general meeting on 30 August 2024 has been cancelled.
Certified Adviser
Company’s Certified Adviser is Baker Tilly Corporate Finance P/S (CVR-nr. 40073310), Poul Bundgaards Vej 1, 1., DK-2500 Valby, tlf. +45 3345 1000
For further Information, please contact:
Jens B. Glaso, CEO SPARK Technology A/S. Phone +47 40 40 47 50, e-mail: jens@spenn.com
SPARK Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 000
About SPARK Technology A/S
In a world where 1.7 billion people are still unbanked, SPARK Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology the company has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPARK Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.
The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has launched new integrated services in the platform and expects to launch more crypto services going forward.
SPARK Technology is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPARK Technology is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.
SPARK Technology A/S (under the name SPENN Technology) is listed on the Nasdaq First North Growth Market Denmark and on OTCQX in USA.
Ticker codes:
Europe – Nasdaq First North: SPENN
USA – OTCQX: SPNNF