Invuo confirms new timing of AJ Group transaction, and receipt of non-refundable deposit
As previously announced, Invuo Technologies AB (“Invuo” or “Company”) has reached an agreement with AJ Group Holdings Ltd (“AJ Group”) which entails that AJ Group will invest in total approximately SEK 52 million in shares, warrants and by acquiring the loans held by Invuo in Seamless Distribution Systems AB. Invuo is pleased to confirm that it has received a non-refundable deposit of SEK 1 million from AJ Group, i.e. ahead of the expected completion of AJ Group´s purchase of 16,334,906 Invuo shares, scheduled to be completed before the upcoming Invuo annual general meeting (AGM) on 26th