Resqunit AB in Negotiations with Bio Vitos Norge AS on Agreement Modifications

Stockholm, July 3, 2024: Resqunit AB (publ) announces that it is currently in negotiations with Bio Vitos Norge AS with some potentially beneficial changes to the conditional agreement announced on March 20, 2024.

The agreement involved the acquisition of intellectual property rights and financing aimed at advancing Resqunit's existing and new business operations. 

The changes, instead of introducing a new commercial business, could be more in line with the company’s current state as a holding company. 

Resqunit is committed to maintaining transparency and will release updated information as soon as it becomes available. 

Certified Advisor 

Svensk Kapitalmarknadsgranskning AB (SKMG)
 

For more information, please contact: 

Helge Trettø Olsen, CEO, Resqunit AB 
Email: helge@resqunit.com 
Telefon: +47 901 68 908 

About Resqunit AB 

Resqunit is an ocean technology company that develops innovative equipment to disarm and retrieve lost fishing gear. Through the collection of sensor data and software, the company wants to increase knowledge about the ocean and increase catch predictability. Every year, between 500 000 and 1 000 000 tons of fishing gear disappear at sea, including 25 million fishing pots. A significant part of this consists of plastic, which over time dissolves in microplastic particles and enters the food chain. Lost gear harms fisheries, animal populations and the environment. Resqunit AB (publ) was founded in 2021 as a parent company (listco) with 100% of the shares in the Norwegian subsidiary Resqunit AS, founded in 2017.