InCoax Networks AB reviews its costs as a result of the Covid-19 pandemic and changes the dates for the annual general meeting and publication of the annual report
InCoax Networks AB (”InCoax” or the ”Company”) has initiated a review of its costs as a result of the ongoing Covid-19 pandemic. Primarily, the Company intends to implement cost saving measures in the form of agreements with its employees regarding so called “short-time work” (Sw. korttidsarbete). In order to be able to focus on ongoing measures, the annual general meeting is postponed to June 30, 2020 and the publication of the annual report for 2019 is postponed to May 15, 2020.InCoax recognizes that the ongoing Covid-19 pandemic has affected the Company’s customers, especially within