Update on Invuo’s financial position
In a press release dated May 17, 2018, Invuo Technologies AB (“Invuo”) announced that uncertainties related to the previously announced transaction with AJ Group Holding AB (“AJ Group”) had resulted in a situation where Invuo’s liquidity had become critical. In the press release the Company also announced it would seek alternatives to funding through AJ Group. As separately announced today, Invuo has agreed to sell assets related to Seamless Distribution Systems AB (“SDS”), for a total consideration of SEK 17.5 million. This injection of liquidity will allow Invuo to continue operations,