Background
On 24 April 2025, a balance sheet for liquidation purposes showed that the Company’s shareholders’ equity was less than one-half of the registered share capital. Accordingly, on 28 May 2025, the Company held a first control meeting to consider whether the Company should enter into liquidation or continue its operations. The meeting resolved, in accordance with the Board of Directors’ proposal, to continue the operations. Under the Swedish Companies Act, the Company is required to hold a second control meeting within eight months of the first control meeting. At this second control meeting, the question of whether the Company should continue its operations or enter into liquidation shall again be considered.
LIDDS and the…
Read the original article here
