Brief: Hemcheck Sweden Enters Into Additional Agreement With Bio Vitos

Bio Vitos Pharma AB

03/07/2023 08:59

July 3 (Reuters) - Hemcheck Sweden AB  HEMC.ST :
    * ENTERS INTO ADDITIONAL AGREEMENT WITH BIO VITOS
    * ANNUAL GENERAL MEETING RESOLVED TO AUTHORIZE THE BOARD OF
DIRECTORS TO CARRY OUT THE TRANSACTION WITH BIOVITOS
    * HAS SUBSEQUENTLY SUBMITTED APPLICATION FOR PRIOR APPROVAL
FROM
NASDAQ THAT HAS BEEN DENIED AS NASDAQ DOES NOT CONSIDER THAT
ACQUIRED ASSETS MEET BUSINESS REQUIREMENT
    * HAS SIGNED A SUPPLEMENTARY AGREEMENT WITH BIO VITOS WHERE
CURRENT OPERATIONS REMAIN AND ARE CONTINUED IN THE COMPANY'S
GROUP
    * TRANSACTION WITH BIO VITOS CAN THEN BE COMPLETED
    * NASDAQ FURTHER BELIEVES THAT, ALTHOUGH CURRENT OPERATIONS
REMAIN
WITHIN THE COMPANY, A RE-LISTING PROCESS SHOULD BE CARRIED OUT

Source text for Eikon:  ID:nWkr7VxsF2 
Further company coverage:  HEMC.ST 

 (Gdansk Newsroom)
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