RESQUNIT AB

RESQUNIT AB (PUBL) announced that its wholly-owned subsidiary, RESQUNIT AS, has filed for bankruptcy due to prolonged financial difficulties, including market adoption challenges and adverse economic conditions. Founded in 2017, RESQUNIT AS developed solutions for retrieving lost fishing gear but struggled to achieve sustainable sales, partly due to inflation and increased fuel costs. Despite financial support from its parent company, the subsidiary could not meet its financial obligations. The bankruptcy will positively impact RESQUNIT AB's financial stability by eliminating 13.4 MNOK of debt and reducing operating costs. The company has received cash contributions from Bio Vitos Norge AS and plans to focus on growth initiatives. RESQUNIT AB aims to continue its operations unaffected, apply for continued listing on Nasdaq First North, and acquire assets from Bio Vitos. The company will release further details on its future strategy, focusing on equity positions in health and life sciences across European financial markets. RESQUNIT AB remains committed to identifying innovative companies with strong growth potential and delivering value to shareholders. The information was published in compliance with the EU Market Abuse Regulation. For more details, contact Helge Trettø Olsen, CEO.

Resqunit AB har tillsammans med Bio Vitos Norge AS, Craven House Capital Plc och STOKKIS Ltd ingått ett villkorat avtal med Metabolic Nordic AB om ett omvänt förvärv av DR VITOS, en onlinetjänst för viktminskning och hälsa. Investerarna har lämnat ett räntefritt lån på 2 miljoner SEK till Metabolic och tillhandahåller en kapitaltäckningsgaranti för 18 månader. Transaktionen innebär att Metabolic förvärvar DR VITOS genom nyemission av aktier, vilket ger investerarna 95% ägande i Metabolic. Genomförandet av transaktionen är villkorat av godkännande vid en extra bolagsstämma och andra finansiella godkännanden. DR VITOS grundades 2024 och har potential att möta behovet av viktminskning och förbättrad hälsa. Resqunit ser transaktionen som en möjlighet att stärka sin finansiella ställning och tillväxtpotential.

I kommunikén från årsstämman den 28 juni 2024 uppgavs felaktigt att Richard Wall valts till styrelseordförande, när det i själva verket var Alf Reime som omvaldes. Årsstämman hölls i MAQS Advokatbyrås lokaler i Stockholm, och Amanda Dyberg fungerade som ordförande. Huvudsakliga beslut från årsstämman inkluderar: 1. Fastställande av balans- och resultaträkningar för bolaget. 2. Beslut att balanserade vinstmedel ska balanseras i ny räkning. 3. Beviljande av ansvarsfrihet för styrelseledamöter och VD för räkenskapsåret 2023. 4. Fastställande av att styrelsen ska bestå av fem ledamöter utan suppleanter, med specificerade arvoden för ordförande och övriga ledamöter. 5. Omval av Helge Trettø Olsen, Alf Reime och Thomas Norheim som styrelseledamöter, samt val av Richard Wall och Jesper Carlsöö som nya ledamöter. Alf Reime omvaldes till styrelseordförande. 6. Omval av RSM Stockholm AB som revisor, med Johnny Svenander som huvudansvarig revisor. 7. Bemyndigande till styrelsen att emittera aktier, teckningsoptioner och/eller konvertibler fram till nästa årsstämma. För mer information, kontakta Helge Trettø Olsen, VD för Resqunit AB. Resqunit AB är ett företag som utvecklar utrustning för att återvinna förlorade fiskeredskap och öka kunskapen om havet.

On June 28, 2024, Resqunit AB held its annual general meeting at MAQS Advokatbyrå in Stockholm, chaired by Amanda Dyberg. Key decisions included the approval of the company's balance sheet and income statement, the decision to retain the company's profits, and the granting of discharge from liability for the board members and CEO for the fiscal year 2023. It was decided that the board will consist of five members until the next AGM, with specified remuneration for the board members and auditor. Helge Trettø Olsen, Alf Reime, and Thomas Norheim were re-elected as board members, and Richard Wall and Jesper Carlsöö were newly elected, with Richard Wall appointed as the new chairman. RSM Stockholm AB was re-elected as the auditor. The board was authorized to issue new shares, warrants, and/or convertibles until the next AGM. Further details are available on the company's website. For more information, contact Helge Trettø Olsen, CEO of Resqunit AB. Resqunit AB is an ocean technology company focused on retrieving lost fishing gear to reduce environmental impact.

Stockholm - June 20, 2024 - RESQUNIT AB (NASDAQ: RESQ) and the Norwegian University of Science and Technology (NTNU) have received 2 million NOK in project funding from the Norwegian Retailers Environmental Fund. This funding will support a two-year study on the efficiency and environmental impact of Resqunit technology, aiming to document its effects on reducing lost fishing gear and evaluating new fishing trap technology from Proffteiner. The project highlights Resqunit's commitment to sustainable fishing and reducing marine pollution. For more information, contact Helge Trettø Olsen, CEO of Resqunit AB. Resqunit is an ocean technology company focusing on retrieving lost fishing gear and increasing ocean knowledge through sensor data and software. The company was founded in 2021 with a subsidiary established in 2017.

Resqunit AB (publ) announced on June 14th, 2024, that new candidates are proposed for election to the Board of Directors at the upcoming Annual General Meeting on June 28th, 2024. Chairman Alf Reime thanked outgoing board members Morten Tidemann and Hege Forus for their contributions since 2021. The proposed new board members are Richard Wall and Jesper Carlsöö. Richard Wall, with extensive management experience and current Chairman of Bio Vitos Pharma AB, and Jesper Carlsöö, Head of Project Development and Leasing at Logistea AB, are both independent in relation to the company and its major shareholders. Their inclusion is expected to strengthen Resqunit AB's governance and support its growth. Resqunit AB is an ocean technology company focused on developing equipment to retrieve lost fishing gear and increase knowledge about the ocean.

Resqunit AB (Nasdaq First North GM: RESQ) has received its first order from Intermas, its distributor in France and Spain, marking a significant milestone in their partnership. Although the order is modest in financial terms, it represents a crucial step in advancing Resqunit's mission to address the global issue of lost fishing gear through innovative technology. Intermas, a major producer and distributor in the fishing industry with a presence in over 70 countries, aims to leverage its extensive network to promote maritime safety and sustainable fishing practices. This collaboration is expected to expand the global reach of Resqunit's technology, which helps retrieve lost fishing gear and mitigate environmental impact.

Under en extra bolagsstämma för Resqunit AB den 24 april 2024, beslutades det att företaget ska förvärva immateriella rättigheter från Bio Vitos Norge AS. För att möjliggöra detta förvärv beslutade stämman att ändra bolagsordningen, genomföra en riktad nyemission av aktier till Bio Vitos och utdela företagets samtliga aktier i Resqunit Intressenter AB. Resqunit AB är ett havsteknikföretag som arbetar med att utveckla utrustning för att återhämta förlorade fiskeredskap.

Resqunit AB, an ocean technology company, is inviting shareholders and followers to a company update and Q/A session on April 19th, 2024. The company will present updates on its operational status, clarify the RTO transaction, and share future outlooks for both its new and existing businesses. Participants will have the opportunity to ask questions either in advance via email or during the presentation through a chat. The meeting will be held on Teams. Resqunit AB develops equipment to retrieve lost fishing gear and collect sensor data to increase ocean knowledge and catch predictability.

Resqunit AB has announced a conditional agreement to acquire intellectual property rights and receive a capital injection from Bio Vitos Norge AS. The intellectual property rights primarily encompass business assets related to the sale of health products containing Omega 3. The board of directors of Resqunit sees this as a significant opportunity to enhance the company's potential for achieving positive cash flow in the short term. Concurrently, the company will receive funding to commercialize its existing business. Following the acquisition, Bio Vitos will hold 90% of all outstanding shares in Resqunit, which will then be distributed to Bio Vitos's owners. The completion of the acquisition is subject to approval by an extraordinary general meeting of Resqunit and may require Nasdaq approval.