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Vewd files voluntary Chapter 11 bankruptcy proceeding

Otello refers to its announcement of July 14, 2021, in which it informed the market that the agents for the Lenders under the Credit Agreement had accelerated the loans and exercised certain rights and remedies under the Credit Agreement so as to remove Martez Moore from the boards of Last Lion HoldCo AS and Vewd Software AS and to enable the appointment of the Special Committee members directly to those boards. It is Otello’s understanding that the board members and the investment banker appointed to run the sales process have not been unable to achieve a successful sale or refinancing of

Brighter sells its holdings in Blodtrycksdoktorn AB for SEK 5 million

Brighter AB (Publ) today announced it has entered into an agreement with one of the shareholders of Blodtrycksdoktorn AB (formerly known as  Accumbo AB) to sell its entire holdings in Blodtrycksdoktorn AB for SEK 5 million. Brighter agreed to sell its entire holdings in Blodtrycksdoktorn AB for SEK 5 million, and payment in cash will be made on the closing date,  currently estimated to be 21 December 2021.  During the fall of 2021, the board and management made a strategic evaluation of the Company and decided to streamline its operations to fully focus on its core business of digital

Cereno Scientific strengthens patent protection for CS1 with first granted patent in the third patent family

Cereno Scientific (XSAT: CRNO B) today announced that intellectual property rights (IPR) for drug candidate CS1’s third patent family has been granted in Russia. This is the first patent grant in the third patent family, adding to Cereno’s extensive patent protection across nearly all global key markets.“It is great to see our continuous work in securing IPR for our assets paying off with further strengthening of the patent protection for CS1 in the Russian market.” says Sten R. Sörensen, CEO at Cereno Scientific. Jonas Faijerson Säljö, Chief Intellectual Property Officer at Cereno

DLTx - The banks cryptonite - Mangold Insight Analysis

Mangold inititates coverage of the technology company DLTx, with the Buy Recommendation and a price target of NOK 20,57 per share. The company has several different revenue streams within blockchain technology, and operates in a market with high growth. DLTx mines the cryptocurrencies Bitcoin and Filecoin, and invests in projects related to blockchain technology. The company operates in the Distributed Ledger Technologies market, with an expected annual growth rate of 62 percent (CAGR) between 2019 and 2027. Growth is driven by an underlying demand for decentralised systems, where

Skarta Group Plc joins forces with Swedish NYAB Group to step up the pace of building a clean future

Skarta Group Plc, builder of a clean future, acquires Swedish NYAB Group, whose profitability has been among the best of the industry. Through the transaction, a new Skarta NYAB Group will be formed, and it will reach a turnover of close to 300 million euros during the following year. The new Skarta NYAB Group will be one of the most significant operators in Bothnian Arc and Norrbotten regions, where more than a hundred billion euros of investments in green transition will be made in coming years and that are also essential locations regarding future hydrogen economy.Skarta Group Plc,

Mandatory notification of trade

Anooj Unarket, Board member of Otello Corporation ASA, has on behalf of certain related parties, as of 15th December 2021, acquired interests in shares of Otello Corporation ASA. The balance of Anooj Unarket and related parties’ holdings after the transaction totals 26,626,633 shares. Please refer to the attached notification of trading for further details. This information is subject to disclosure requirements in regulation EU 596/2014 article 19 number 3 and the Norwegian Securities Trading Act section 5-12.

BioStock: Sprint Bioscience invests to expand portfolio and number of deals

Huddinge-based Sprint Bioscience has had an eventful 2021 to say the least. In the face of the success of the past year, the company is now taking concrete steps to be able to increase the pace even further. The goal for the company is to broaden its portfolio of preclinical drug programmes in cancer and increase the number of programmes licensed to partners, thus increasing the potential for multiple revenue streams.Read the full article at biostock.se:https://www.biostock.se/en/2021/12/sprint-bioscience-invests-to-expand-portfolio-and-number-of-deals/This is a press release from

Axolot Solutions illustrates an AxoPur® unit in operation

Axolot has now three AxoPur plants in regular operation on the market. These plants have given the company valuable operational experience which has resulted in further refinements of the unique AxoPur technology.Today Axolot can offer a high efficiency purification for a wide range of process waters, thus enabling recirculation and reduction of freshwater usage. Axolot offers plants with a capacity from 0,5 m[3]/hour up to more than 250 m[3]/hour. The AxoPur units are proven and offer the highest possible availability and reliability at very competitive costs, at the same time as they

H&M Foundation and Fotografiska Stockholm join forces to showcase planet positive solutions

STOCKHOLM: December 16, 2021 – With the power of visual communication, non-profit H&M Foundation and prominent photography museum Fotografiska are joining forces to inspire action connected to the urgent issues addressed in the UN’s Sustainable Development Goals.The two-year collaboration begins with Fotografiska Stockholms exhibition The Changing Room by visual artist and multimedia pioneer Tobias Gremmler. In a scenographic media exhibition, the artist takes Fotografiska’s visitors on a mind-blowing journey to picture a world where garments can grow directly on human skin through an array

Metsä Board sells Hangö Stevedoring to Euroports

Metsä Board Corporation Investor news 16 December 2021 at 09.30 EETMetsä Board, part of Metsä Group, and Euroports have signed an agreement on 16 December 2021, according to which Metsä Board Corporation will sell the entire share capital of its fully owned subsidiary Oy Hangö Stevedoring Ab to Euroports Finland Oy. The transaction is expected to be completed in the first quarter of 2022. The parties have mutually agreed that the transaction price will not be disclosed. The gain on sale will be reported as an item affecting comparability and will not have a material impact on Metsä Board's

First day of trading in BPC Instruments’ shares at Spotlight Stock Market

Today is the first day of trading in BPC Instruments AB (“BPC Instruments”) shares. BPC Instruments shares are traded under the ticker “BPCINS” with ISIN SE0017130826.Prior to the listing at Spotlight Stock Market, BPC Instruments has conducted a successful IPO which has provided the company with approx. SEK 15 million (before issue costs) and approx. 400 new shareholders. The issue proceeds will primarily finance the business expansion in the US and China, acceleration of new product development including next generation of flagship apparatus and strengthen cash buffer to support the

Phargentis begins clinical development of early-entry generic version of COPD treatment indacaterol/glycopyrronium and DPI device

(16 December, 2021) Phargentis has begun clinical development of its capsule based DPI (Dry Powder Inhaler) product containing indacaterol/glycopyrronium (85 mcg/43 mcg) designed to be an early-entry, fully interchangeable generic version of the global COPD treatment Ultibro®Breezhaler®. Sales of the treatment exceed 500 MUSD a year. The news follows the recent announcement of the company’s first European sales of its generic Tiotropium bromide Dry Powder Inhaler. CEO Andrea Tam: “We are delighted to enter the clinical phase of development in this vital, highly effective product.”Phargentis

Ratos to place all of its Swedish construction operations in new Svensk Samverkansentreprenad Aktiebolag (SSEA) Group

Ratos has established Svensk Samverkansentreprenad Aktiebolag (SSEA) Group with the ambition of becoming Sweden’s leading construction group in partnering and collaboration contracts. The Ratos company Vestia Construction Group and HENT’s Swedish operations will be part of the group. The goal is “555”: SEK 5 billion in sales within 5 years, with an EBITA margin of 5%.“Ratos strongly believes in partnering and collaboration in construction contracts. We know this leads to increased satisfaction and lower total costs for the customer as well as significantly fewer miscommunications. Now all

Brighter comments on employment claims from Truls Sjöstedt, and dismisses these as unfounded.

Brighter AB (Publ) (the Company) announces that the Company has received a lawsuit from the Stockholm District Court, which was issued following claims from Brighter's founder, Truls Sjöstedt, regarding the termination of his employment contract in May 2021. The Company considers the claims to be unfounded and intends to contest them. Truls Sjöstedt claims that the Company fired him without lawful basis. Truls Sjöstedt does not claim that the dismissal per se is invalid but demands damages and severance pay. Truls Sjöstedt's employment contract was terminated for cause and without

Volvo Group, Daimler Truck, and the TRATON GROUP sign joint venture agreement for European high-performance charging network

Gothenburg, Sweden / Munich, Germany / Stuttgart, Germany – The three leading commercial vehicle manufacturers Volvo Group, Daimler Truck, and the TRATON GROUP have now signed a binding agreement to create a joint venture (JV) to install and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe. As previously communicated, the parties are committed to initiating and accelerating the necessary build-up of charging infrastructure for the increasing number of customers of electric vehicles in Europe and contribute to

Three major shareholders announce that their entire holding of warrants of series 2021 in InCoax Networks AB (publ.) will be submitted for redemption

The company's largest shareholders Saugatuck Invest, Norrlandspojkarna and BLL Invest have notified InCoax Networks that all their respective holdings of 2021 series warrants in the company have been submitted or are intended to be submitted for subscription of shares. This means that 49.0 percent of the warrants of series 2021 will be exercised.Saugatuck Invest owns 23.6 percent, Norrlandspojkarna owns 12.8 percent and BLL Invest owns 12.6 percent of the shares in InCoax and is the company's three largest shareholders. In order for the Warrants not to expire without value, the holder

Swedbank Robur’s pension funds Transfer now aligned with the Paris Agreement

In the autumn of 2020, Swedbank Robur launched its first funds, Access Edge, which are managed in line with the Paris Agreement. Now the fund company is taking another step and securing the share capital (approximately SEK 120 billion) in its broad pension savings fund family, Swedbank Robur Transfer, which is managed in line with the Paris Agreement."We have set tough climate targets for our managed capital, and now we are taking yet another step towards achieving them. Transparency and comparability are important parts of the sustainability work, and ensuring a broad customer offering

Hexagon Purus awarded contracts for complete vehicle integration of hydrogen-powered heavy-duty trucks for two North American truck manufacturers

Hexagon Purus has been contracted by two major truck manufacturers in North America to deliver complete vehicle integration of two Hydrogen-powered class 8 trucks. The total sales value is approximately USD 2.2 million (approx. NOK 20 million). Driving energy transformation Hexagon Purus will assemble and deliver the complete trucks which involve integration of an electric drivetrain, a fuel cell module as well as the Hexagon Purus ProCab[TM] Hydrogen Storage system and Hexagon Purus ProPack[TM] high energy density Li-ion battery packs. “The momentum for zero emission mobility

Five Instalco companies collaborate on assignment for Peab

Five Instalco companies have been contracted by Peab for a joint assignment. It involves design and installation of the electrical, heating & plumbing, ventilation and sprinkler systems for one of the buildings in the property called Entré in Malmö. The work will be carried out as a partnering project and the total order value is approximately SEK 55 million.The following Instalco companies are involved, each responsible for specific parts: El-Pågarna (electrical), Bi-Vent (ventilation), Rörläggaren (heating & plumbing), Sprinklerbolaget (sprinklers) and Intec (design). One of the

Raisio plc: Announcement of conveyance of own shares

Raisio plc Stock Exchange Release, 16 December 2021   ANNOUNCEMENT OF CONVEYANCE OF OWN SHARES   In April, 2021, Raisio plc’s Annual General Meeting decided that of the monthly reward of the Chairman and members of the Board, approximately 20% shall be paid by distributing shares held by the company and approximately 80% in cash. Rewards shall be paid in two equal lots during the term in June and in December.   Raisio plc has assigned a total of 5,513 free shares (RAIVV) on December 16, 2021 (other conveyance) as a reward to the Chairman and members of the Board for their

Oddlygood Global to receive significant growth funding for its international plant-based business

Oddlygood Global, which aims to be a leader in plant-based products, closes its first round of financing. Mandatum Asset Management (“MAM”) will invest EUR 25 million in the company.Oddlygood Global develops and markets plant-based products under the Oddlygood™ brand, including oat drinks for coffee and products used in cooking and baking. Oddlygood Global’s diverse product portfolio and ability to develop new products are based on its origins as a part of Valio, one of Finland’s premier food companies with more than a century of product development experience. Valio spun off the Oddlygood

RP501 represents an extension into the medical technology arena for Redwood Pharma

Redwood Pharma extends its reach into the medical technology arena with the broadening of its development programs with the RP501 for dry eye treatment. With its roots in pharmaceutical development, RP501 is an extension into medical devices building upon the latest clinical data from the company. Redwood is now devising the best strategy to commercialize this new treatment initially in Europe.Facts about the medical technology industry in Europe[1] · 33,000 medical technology companies in Europe · 95% are small and medium-sized companies (SME) (i.e. Redwood Pharma) · Most

Autoliv appoints Sng Yih as new President of Autoliv China

(Stockholm, Sweden, and Shanghai, China, December 16, 2021) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, appoints Sng Yih as new President of Autoliv China and member of the Autoliv executive management team. Sng Yih will join Autoliv at the end of January 2022 and succeed Jennifer Cheng who retired in November. Ms. Cheng continues as Senior Advisor to the CEO and will assist with the transition.Mr. Sng Yih is an automotive industry veteran with extensive experience in leading large organizations, achieving customer satisfaction, and

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