#23-69 Raytelligence AB receives observation status
Raytelligence AB ("the Company"), whose shares are listed on Nordic SME, published a press release on July 26, declaring that the Company has entered a letter of intent to acquire Iron Branch PVC AB. If the transaction is carried out the Company's operations are changed to Iron Branch's operations.According to the Rules for companies whose shares are listed on Nordic SME, a company's shares can be placed under observation if the Issuer has been subject to a reverse acquisition or is otherwise planning, or has undergone, such a significant change of operations or organization that the Issuer