Brief: S2Medical Applies For Company Reconstruction

S2Medical AB (publ)

08/09/2023 08:08

Sept 8 (Reuters) - S2Medical AB (publ)  S2ME.ST :
    * APPLIES FOR COMPANY RECONSTRUCTION
    * DECISION MEANS THAT THE COMPANY TEMPORARILY SUSPENDS ITS
PAYMENTS
    * PROPOSES LAWYER MAGNUS LÖFVING AT THE LAW FIRM LINDAHL KB
AS
ADMINISTRATOR
    * BOARD, MANAGEMENT SEE RECONSTRUCTION AS NECESSITY TO
CREATE
BREATHING SPACE REQUIRED TO RESTRUCTURE THE COMPANY'S DEBTS,
FOCUS ON THEIR CORE ACTIVITIES
    * AS PART OF RECONSTRUCTION, CO INTENDS TO INTENSIFY
EXISTING
CONTACTS WITH STAKEHOLDERS REGARDING TECHNOLOGY SALES,
PARTNERSHIPS

Source text for Eikon:  ID:nWkrbP2tpq 
Further company coverage:  S2ME.ST 

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