RightBridge Ventures seeks fine payment due to breached lock-up agreement

REG

The Board of Directors has been made aware that one of the sellers has sold all its shares in the Company, which has subsequently also been confirmed by checking the Company's share register. In light of this, the Board has decided to impose a penalty payment in accordance with the applicable clause in the lock-up agreement. The company intends to continuously update on the course of events as it develops. 

"The Board of Directors takes seriously the incident where agreements were entered into to protect current and new shareholders. Lock-up agreements are there to create trust between the Company and the market and it is therefore extremely disappointing that a seller chooses to act in a way that damages this trust. For the company and management, the operational activities continue as usual. "- Johan Rooth, Chairman of the Board of RightBridge Ventures Group AB

 

Datum 2023-01-31, kl 15:19
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