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Raytelligence

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Raytelligence publishes report for the first quarter 2025

REG
Important events during the period
  • The Disciplinary Committee at Nordic Growth Market found on January 31, 2025 that the company was considered to have violated the rules of the NGM stock exchange (decision 2025:1) and decided that Raytelligence shall pay a fine of SEK 250,000.
  • Raytelligence AB's subsidiary Innowearable AB's subsidiary High Speed Interconnects International AB completed a reverse acquisition of High Speed Interconnects, LLC in January 2025. The acquisition took place through a set-off issue of 90,000,000 new shares in High Speed Interconnects International AB, after which Raytelligence's subsidiary Innowearable holds ten percent of all shares in the limited company.
  • Raytelligence's assignment from Stemtech Corporation continues. The assignment includes advice on a reverse acquisition by Stemtech Corporation of a company traded on a Nordic marketplace.
Important events after the period
  • On April 13, 2025, the Board of Directors received news that the Company's CEO, Ben Hedenberg, had unexpectedly passed away.
  • A few days later, the Board of Directors of Raytelligence AB appointed board member and major shareholder Robert Grimberg as the new CEO.
Datum 2025-06-05, kl 22:00
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Raytel Q1 2025 ENG ver 1.02
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