[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
.
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Nicat Batarya Teknolojileri A.Ş., in which our subsidiary Alesta Elektronik Teknoloji Yatırım A.Ş. participated on 09.07.2020 with a company valuation of 11.416.680 TL, organized a new investment round, this time with a company valuation of 390.818.400 TL. Alesta, which participated in the investment tour by increasing its share by 0.7% with a financing agreement convertible into shares, increased its share in Nicat to 7%.

Nicat Battery Technologies Inc., which increased its valuation by 33 times in 45 months, is developing cathodes with artificial intelligence technology for rechargeable batteries.

We present it to the information of our shareholders and the public.