The listed Dutch software company NedSense enterprises NV has reached agreement with both existing shareholders and new shareholders concerning the private placement of €1.5 million in newly issued ordinary shares and a renegotiation of its existing credit facility of €2.1 million.
Lindenaar & Co advised NedSense enterprises in co-ordinating the equity offering of newly issued shares and the renegotiation of its current debt position with banks and other investors. The equity offering will fulfill the long-term business plan of NedSense enterprises, built around the “Value Triangle”. An important part of the “Value Triangle” is the innovative online platform LOFT.
Profile NedSense
NedSense enterprises is a global provider of high-quality software solutions and services for manufacturers and designers of fashion items, accessories, carpets and other woven materials. NedGraphics is the main activity of NedSense with a worldwide market share of 25% in Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) software for the international textile and apparel industry. Last year NedSense enterprises developed its LOFT software tool. By means of innovations in CAD technology LOFT offers an online showroom / virtual world that enables businesses to show their products to consumers in a 3D environment. NedSense enterprises is listed on NYSE Euronext Amsterdam and is carrying out its activities in 35 different countries.