Impact Coatings AB (publ) has completed the registration of a subsidiary in the USA ­ Impact Coatings North America, LLC ­ to meet the growing demand in the North American market. Activities continue to expand under Regional President Robert Mamazza, with the company working toward the launch of its new Coatings Service Center, to be ready for operation during 2024. Establishment of the US subsidiary is an important step in the company's North American expansion and was a primary use of proceeds from the March 2023 rights issue. With the subsidiary in place, Impact Coatings strengthens its presence in the region as a whole, getting closer to current and potential
customers, facilitating regulatory and contractual processes, and increasing overall awareness.