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Spinnova Signs Letter Of Intent Regarding Potential Acquisition Of Tearfil And Related EUR 1.5 Million Bridge Loan Financing
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Spinnova Signs Letter Of Intent Regarding Potential Acquisition Of Tearfil And Related EUR 1.5 Million Bridge Loan Financing
JYVÄSKYLÄ, Finland — September 17, 2026 — Spinnova Plc (“Spinnova” or the “company”), a materials technology company producing textile fibre from wood pulp and waste streams, has signed a non-binding letter of intent with Tearfil – Indústria Têxtil, S.A. (“Tearfil”) and its shareholders concerning a potential acquisition by Spinnova of all shares in Tearfil. Tearfil is a Portuguese yarn spinning company and a key development partner in Spinnova’…
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