Observit AB, former subsidiary of SpectrumOne AB, postpones planned listing
Observit AB, a former subsidiary of SpectrumOne, has decided to postpone the planned listing of its shares. On May 20, it was announced an expected first trading day during q3 2022. Since then, market conditions have deteriorated significantly. Due to the equity market turmoil, the company does not consider the present conditions to be favorable for a positive development of the share with satisfactory liquidity. As a result, it has been decided to postpone the listing of the shares. The aim now is to start the listing process and have the first day of trading of the Observit AB shares