#24-84 FastOut Int. AB receives observation status
FastOut Int. AB ("the Company"), whose shares are listed on Nordic SME, published a press release on August 30, that the Company has received a cash offer from a PropTech company for the subsidiary FastOut AB where the entire operational business is conducted. According to the Rules for issuers whose shares are listed on Nordic SME (“the Rulebook”), a company's shares can be placed under observation if the Company is planning, or has undergone, such a significant change of operations or organization that the Company can be perceived as being a new enterprise. With reference to the