Gothenburg, Sweden – The Board of Directors of LIDDS AB (publ) has resolved to prepare a control balance sheet for liquidation purposes. The decision has been made due to reasons to believe that the Company’s equity is less than one-half of the registered share capital.
Due to the Company’s decision to write-down intangible assets and continued negative results, the Board of Directors of LIDDS AB (publ) has found reasons to believe that the equity is less than one-half of the registered share capital. Therefore, the Board has decided to prepare and have the Company’s auditor review a balance sheet for liquidation purposes in accordance with the Swedish Companies Act, with the aim of investigating whether the Company’s equity is less than…
