On the 19th of April, Columbus Energy, investor and partner of Saule Technologies, organized a press conference to announce a strategy for going public. Saule Technologies collaborates with Columbus Energy and January Ciszewski from JR Holding since September 2020 – read more here.
Saule Technologies wants to go public without IPO (Initial Public Offering) through a reverse merger of a shell company Blumerang Investors, noted in Warsaw’s New Connect market. The companies will begin a due diligence process with a goal to finalize it as soon as possible. Parallelly, Saule Technologies, within ten days, will publish a page dedicated to Investor Relations, considering the needs of the current and future investors. We will present the stage of the technology and business development and provide updates on going public.
“Saule Technologies is ready to go public as we are moving the production of the perovskite solar cells from the lab to the production line,” says Olga Malinkiewicz, co-founder and CTO. “This is a massive achievement for our company and on a global scale. Perovskite PV has potentially unlimited applications, and it can revolutionize the energy sector. Going public will give us transparency, credibility and open new possibilities for future development”.