Nuheara (ASX:NUH) signs a supply agreement with HP Inc

29Dec

Nuheara (ASX:NUH) signs a supply agreement with HP Inc

 

Nuheara (ASX:NUH) has signed an agreement to manufacture HP branded products for American multinational information technology company HP Inc (NYSE:HPQ).

The first product to be introduced under the terms of the agreement is a True Wireless Earbud utilising Nuheara intellectual property.

The Hardware Product Purchase Agreement has a contracted initial term of three years with automatic renewals for successive one-year periods.

Nuheara is set to raise $11.5 million in conjunction with the agreement.

Shares in Nuheara (ASX:NUH) are trading 15.9 per cent higher at $0.05.
 
Image from: https://www.nuheara.com/
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

19Sep

Stocks of the Hour: Javelin Minerals, Bindi Metals, GreenTech Metals

19 Sep 2024 - A snapshot of the stocks on the move, featuring Javelin Minerals (ASX:JAV), Bindi Metals (ASX:BIM) and GreenTech Metals (ASX:GRE).

Read More
11Nov

Suncorp Group (ASX:SUN) looking to raise $250 million

11 Nov 2019 - Suncorp Group (ASX:SUN) is looking to raise $250 million with the ability to raise more or less, through the offer of Suncorp Capital Notes 3.

Read More
25May

Ramsay (ASX:RHC) completes $300m share purchase plan

25 May 2020 - Ramsay Health Care has completed its $300 million share purchase plan (SPP) and will issue 5.37 million new shares.

Read More
24Oct

Stocks of the Hour: Immutep, Empire Energy, Lincoln Minerals

24 Oct 2023 - A snapshot of the stocks on the move, featuring Immutep (ASX:IMM), Empire Energy (ASX:EEG) and Lincoln Minerals (ASX:LML).

Read More
09Sep

Lendlease (ASX:LLC) announces completion of engineering sale

09 Sep 2020 - Lendlease (ASX:LLC) today announced the completion of the sale of its Engineering business to Acciona Infrastructure Asia Pacific.

Read More
03May

Stocks of the Hour: Premier Investments, Worley & Novatti

03 May 2021 - A snapshot of companies making headlines for the hour, featuring Premier Investments (ASX:PMV), Worley (ASX:WOR) & Novatti Group (ASX:NOV)

Read More
18Feb

Stocks of the Hour: Inghams, QBE Insurance & MyState

18 Feb 2022 - A snapshot of the stocks on the move, featuring Inghams (ASX:ING), QBE Insurance (ASX:QBE) & MyState (ASX:MYS).

Read More
14Sep

Stocks of the Hour: Altech Chemicals, IVE Group, BluGlass

14 Sep 2022 - A snapshot of the stocks on the move, featuring Altech Chemicals (ASX:ATC), IVE Group (ASX:IGL) and BluGlass (ASX:BLG).

Read More
15Jul

Woodside Petroleum (ASX:WPL) see a record quarterly production

15 Jul 2020 - Woodside Petroleum (ASX:WPL) has reported a record quarterly production in the June quarter, delivering record production of 25.9 Million Barrels of Oil Equivalent, up 7 per cent from Q1 2020.

Read More
14Nov

IOOF Holdings (ASX:IFL) update on APRA licence conditions

14 Nov 2019 - Diversified financial service provider, IOOF Holdings (ASX:IFL) has complied with the 43 actionable items identified by the independent reviewed to fulfil the licence conditions imposed by the Australian Prudential Regulation Authority in December 2018.

Read More