Brief: Magnasense Enters Into LOI With Subgen AI Regarding Reverse Takeover
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) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))