Brief: Subgen AI Foundation Granted Bid Exemption For Magnasense Deal

Subgen AI AB

22/10/2025 06:24

Oct 22 (Reuters) - Magnasense AB  MAGNA.ST:

SAID ON TUESDAY SUBGEN AI FOUNDATION EXEMPTED FROM MANDATORY BID IN MAGNASENSE'S PLANNED REVERSE TAKEOVER OF SUBGEN AI LIMITED

SUBGEN AI FOUNDATION RECEIVED EXEMPTION FROM THE MANDATORY BID OBLIGATION FROM THE SWEDISH SECURITIES COUNCIL

EXEMPTION IS VALID IF SHAREHOLDERS ARE INFORMED AND TWO-THIRDS OF INDEPENDENT VOTES APPROVE THE DEAL ON NOVEMBER 5

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 (Gdansk Newsroom)

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