Invuo plans to seek mandate for further funding and intends to convene an EGM
To create a healthy financial flexibility, for short-term stability as well as for supporting long term-growth, the Board considers that Invuo Technologies AB (publ) (“Invuo” or the “Company”) needs new funding in the range of SEK 40 million. Such funding should bring the Company in a position similar to what was expected through the non-executed AJ Group Holdings Ltd (“AJ Group”) transaction, and also be sufficient for the Company becoming cash flow positive. Hence, the Board intends to call for an EGM in Q3 2018 to seek the shareholders’ mandate to raise new funds in the range of SEK 40