Smart Eye has been nominated to deliver its world-leading Driver Monitoring System (DMS) software to 12 additional car models, three of which will be launched as early as this year. The estimated revenue of the order is SEK 350 million based on estimated product life cycle projections.

The final outcome in Smart Eye Aktiebolag (publ)’s (“Smart Eye” or the “Company”) rights issue of shares of approximately SEK 324 million (the “Rights Issue"), where the subscription period ended on 16 February 2023, shows that 11,277,356 shares, corresponding to approximately 89 percent of the offered shares, have been subscribed for with support of subscription rights. Additionally, applications for subscription of 9,029,125 shares without support of subscription rights have been submitted, corresponding to approximately 71 percent of the offered shares.

Smart Eye has been nominated to deliver its world-leading Driver Monitoring System (DMS) software to three additional car models. The estimated revenue of the order is SEK 30 million based on estimated product life cycle projections.