Publicerat: 2025-12-12 15:10:13
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Correction and clarification of news from December 4: Zesec (now Avsalt) appears in Di's mapping as one of several companies where certain key individuals recur on boards, in shareholder lists or financing arrangements. Di does not attribute to Zesec/Avsalt any delisting process, any sanction fees or penalty fines, and mentions no suspicions of crime connected to the company's board or management.The enumeration of companies in the article refers to personal connections and similar financial arrangements, not that all companies share the same regulatory problems or processes.A number of links emerge between Dug Foodtech, which now risks delisting, and Intellego. As shown by Dagens industri's investigation. According to the business daily, a core circle of key individuals recurs in several companies, and both communication and financial setups often follow the same pattern. Di also points to name changes, delistings, and frequent changes of CEOs and CFOs.Several companies have received sanction fees or penalty fines, and financing often occurs through loans from major owners with high interest rates and fees. At the same time, strained cash flows have been juxtaposed with recurring letters of intent and overseas agreements where revenues in many cases have failed to materialize.Dug Foodtech's chair Johan Möllerström tells Di that the company feels "unfairly targeted" by Nasdaq and believes the decision to delist is disproportionate.In addition to Dug Foodtech and Intellego, Opticept, Sensodetect, Aegirbio/Magnasense, Plexian, Zesec and Enersize are also mentioned in Di's investigation regarding the same circle of people recurring on boards, in shareholder lists and financing arrangements. Note that Subgen AI has taken over the listing from Magnasense, formerly Aegirbio. Avsalt has taken over the listing from Zesec with different operations.According to the investigation, it is not all individuals in Dug Foodtech or Intellego who recur in the other companies, but a smaller core circle. It concerns a group of key individuals who appear in various combinations on boards, in shareholder lists and financing setups in the other companies. It is these recurring personal links, rather than the entire companies' managements, that Di bases its analysis on.Intellego faces delisting after former CEO Claes Lindahl was arrested on suspicion of aggravated fraud. The company has now been granted extended time to respond to Nasdaq, which has granted a one-week extension to December 12. The extension follows a request from the company, whose board states that the work to make Intellego fit for listing and to get trading resumed is proceeding intensively, something that Finwire reported on earlier today.
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