Karo Pharma Aktiebolag applies for de-listing
The Board of Directors of Karo Pharma Aktiebolag (“Karo Pharma” or the “Company”) has resolved to apply for de-listing of the Company’s shares from Nasdaq First North Growth Market following that Karo Intressenter AB[1] (“Karo Intressenter”) controls more than 90 percent of the shares in Karo Pharma and has initiated compulsory redemption of the remaining shares in the Company On 16 August 2022, Karo Intressenter announced a public cash offer to the shareholders in Karo Pharma to acquire the shares in Karo Pharma not already held by Karo Intressenter at a price of SEK 60 per share (the “