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PRESS RELEASES
The press releases are also available in Swedish.
The subsidiary Innowearable AB (publ) of Raytelligence AB (publ) moves forward with another party and cancels the process of completing a reverse acquisition of Mobintel LLC.
In June, Raytelligence AB (publ) subsidiary Innowearable AB (publ) ("Innowearable") entered into a letter of intent with the majority shareholder of Mobintel LLC ("Mobintel", formerly Tekmovil LLC), whereby Innowearable intended to acquire all shares in Mobintel through a so-called reverse acquisition. During the autumn, the circumstances surrounding the transaction with Mobintel became so complicated and…
Read moreQuarterly report 3 2024
Comments from the CEO Dear fellow shareholders, We are pleased to report that our new business model has been implemented and the acquisition of High Speed Interconnects, LLC ("HSI") has been completed. Both NAV and share price have improved, demonstrating the strength of our strategy. Headquartered in Scottsdale, AZ, HSI is one of the world's…
Read moreRaytelligence brings forward the publication of the Q3 report
The board of Raytelligence AB (pub) has completed the report for the third quarter of 2024, and has therefore decided to bring the report forward.
Read moreRaytelligence AB's subsidiary BNHR AB has entered into a conditional reverse acquisition agreement for High Speed Interconnects, LLC
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL, REQUIRE REGISTRATION OR ANY OTHER MEASURE UNDER APPLICABLE…
Read moreRaytelligence subsidiary Innowearable AB plans reverse acquisition of High Speed Interconnects, LLC
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL, REQUIRE REGISTRATION OR ANY OTHER MEASURE UNDER APPLICABLE…
Read moreQuarterly report 2 2024
Dear fellow shareholders, We are pleased to report positive signs in our new business model. Since I recently became the CEO, both the net asset value and the share price have improved, showing strength in our strategy. Our company is looking to invest in companies suitable for spinouts as dividends to our shareholders and to…
Read moreQuarterly report 2 2024
Dear fellow shareholders, We are pleased to report positive signs in our new business model. Since I recently became the CEO, both the net asset value and the share price have improved, showing strength in our strategy. Our company is looking to invest in companies suitable for spinouts as dividends to our shareholders and to…
Read moreMobintel signs funding letter of intent with an Emirati Investment Bank
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, TO THE UNITED STATES, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. · Mobintel (Tekmovil's principals) has signed a term sheet for a seven-year…
Read moreInnowearable is in continuing negotiations with Tekmovil, which has drawn up a budget and proposal for a company name
Innowearable plans to adopt a new name in connection with the reverse acquisition. The operating business is planned to be placed in a subsidiary which will sell mobile phones under the Samsung brand and brandless products (so-called white-label mobiles). The Company will sell its products to leading mobile operators in Mexico, Colombia, Peru, Chile and…
Read moreRaytelligence AB has today decided to raise a loan of USD 150,000
Raytelligence AB ("Raytelligence" or the "Company") has today decided to raise a loan of USD 150,000. The motive is to provide working capital to evaluate new projects in the subsidiary, as well as alternative financing options. Payment of the interest on the loan may be made by set-off with newly issued shares.
Read moreRaytelligence AB has signed a letter of intent to divest its projects
Raytelligence AB has signed a letter of intent to divest its projects. Raytelligence AB (publ) ("RAYTEL") has signed a letter of intent to divest the Eazense ONE and Inno-X™ projects at a value of USD 450,000 (equivalent to SEK 4.8 million), which exceeds book values. The purchaser is Wearable Health Solutions, Inc. ("WHSI"). Upon the sale of…
Read moreNotice from EGM 18 March 2024
N.B. This English text is an unofficial translation of the Swedish original of the notice of the extraordinary general meeting in Raytelligence AB, and in case of any discrepancies between the Swedish and the English translation, the Swedish text shall prevail
Read moreNotice from EGM 18 March 2024
N.B. This English text is an unofficial translation of the Swedish original of the notice of the extraordinary general meeting in Raytelligence AB, and in case of any discrepancies between the Swedish and the English translation, the Swedish text shall prevail.
Read moreNOTICE OF EXTRAORDINARY GENERAL MEETING IN RAYTELLIGENCE AB
N.B. This English text is an unofficial translation of the Swedish original of the notice to attend the extraordinary general meeting in Raytelligence AB, and in case of any discrepancies between the Swedish and the English translation, the Swedish text shall prevail. The shareholders of Raytelligence AB, reg. no. 559039-7088 (the "Company"), are hereby summoned…
Read moreAll press releases in English can be accessed at news.cision.com.