Scrypt ASIC MPW-design complete, but participation on MPW expected in november

Reference is made to the stock exchange announcement dated 14th of July 2022. Lokotech AS, a wholly owned subsidiary of Harmonychain AS, has today received final information from the ASIC designers that the MPW design has not been accepted by the MPW production partner. The errors that caused the rejection of the design is not related to our developed intellectual property, and the production partner has therefore waived the announced penalty fee of USD 80.000. The MPW design is completed and participation is therefore set to medio November 2022. This information is subject of the disclosure requirements acc. To section 5-12 of the Securities Trading Act. This information constitutes inside information and is subject of the obligation to provide information in according to the Market Abuse Regulation (MAR). The message is published on behalf of Harmonychain AS by Ola Stene-Johansen, CEO, at 20.02, 20th of July 2022.

https://newsweb.oslobors.no/message/567299