Raytelligence publishes report for the first quarter 2025
This report relates to the Raytelligence Group's operations during the period 1 January 2025 to 31 March 2023. The Group, the Company and Raytelligence refer to the companies that are part of the Raytelligence AB (publ) group with corporate identity number 559039-7088. The company's shares are listed on NGM Nordic SME under the ticker symbol RAYTL.
| Important events during the period |
- The Disciplinary Committee at Nordic Growth Market found on January 31, 2025 that the company was considered to have violated the rules of the NGM stock exchange (decision 2025:1) and decided that Raytelligence shall pay a fine of SEK 250,000.
- Raytelligence AB's subsidiary Innowearable AB's subsidiary High Speed Interconnects International AB completed a reverse acquisition of High Speed Interconnects, LLC in January 2025. The acquisition took place through a set-off issue of 90,000,000 new shares in High Speed Interconnects International AB, after which Raytelligence's subsidiary Innowearable holds ten percent of all shares in the limited company.
- Raytelligence's assignment from Stemtech Corporation continues. The assignment includes advice on a reverse acquisition by Stemtech Corporation of a company traded on a Nordic marketplace.
| Important events after the period |
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For further information, please contact:
Ribert Grimber, CEO, Raytelligence AB
E-mail: ir@raytelligence.com
Phone: +46 (0)8-551 160 90
About Raytelligence
The Company's key strategy is to identify and complete a combination with a business in any of the following sectors Biotechnology & Pharmaceuticals, Automotive, Financial Services, Communications Technology, Food Technology, Cutting-Edge Technologies and Media sectors in Europe, the Americas and Asia that can benefit from the extensive experience and operational capabilities of our management team, although the Company reserves the right to exercise an acquisition opportunity in any company or industry.