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Spinnova Oyj
Palokarjentie 2-4
Phone: +358 207032430p:+358 207032430 JYVASKYLA, 40320  Finland Ticker: SPINNSPINN
Business Summary
Spinnova Oyj is a Finland-based company that focuses primarily on the clothing industry. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The Company has a production plant in Jyvaskyla.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
2281 Yarn spinning mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Executive Officer, Co-Founder JannePoranen 50 1/1/2022 1/1/2022
Co-Founder, Chief Technology Officer, Director JuhaSalmela 49 1/1/2014 1/1/2014
Chief Financial Officer BenSelby 39
9 additional Officers and Directors records available in full report.

General Information
Number of Employees: 76 (As of 12/31/2023)
Outstanding Shares: 52,228,685 (As of 12/31/2023)
Shareholders: 36,066
Stock Exchange: HEL
Fax Number: +358 8373811


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Wednesday, April 24, 2024