On February 19, 2025, the shares in Sileon AB (publ) (the "Company") were given observation status with reference to material adverse uncertainty in respect of the issuer's financial position.
Today, March 31, 2025, the Company issued a press release with information that it has entered into a letter of intent for a reverse takeover of Omnione SA, conditional upon, inter alia, approval by a general meeting of the Company's shareholders and Nasdaq Stockholm AB's decision to admit the Company's shares for continued trading on Nasdaq First North Growth Market.
The rules of Nasdaq First North Growth Market state that an issuer may be given observation status if it has been the subject of a reverse takeover or otherwise plans to make or has been subject to an extensive change in its business or organization so that the issuer upon an overall assessment appears to be an entirely new company.
With reference to the above, Nasdaq Stockholm AB decides to update the observation status for the shares in Sileon AB (publ) (SILEON, ISIN code SE0023440748, order book ID 260606).
For further information about this exchange notice please contact Enforcement & Investigations, telephone +46 8 405 70 50.
Nasdaq Stockholm AB
