Brief: Magnasense Enters Into LOI With Subgen AI Regarding Reverse Takeover

Subgen AI AB

10/06/2025 07:10

June 10 (Reuters) - Magnasense AB MAGNA.ST:

ENTERS INTO LETTER OF INTENT WITH SUBGEN AI LIMITED REGARDING A REVERSE TAKEOVER

SELLERS TO HOLD 98% OF ISSUED AND OUTSTANDING SHARES IN MAGNASENSE

TO BUY ALL SHARES IN SUBGEN VIA NEWLY ISSUED SHARES

Source text: ID:nMFN7bTDXt

Further company coverage: MAGNA.ST

 (Gdansk Newsroom)

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