Misen Energy applies for delisting of the company's shares
The Annual General Meeting of Misen Energy AB (publ) ("Misen", or the "Company") resolved on 28 June 2024 that the Company shall enter into voluntary liquidation. In light of this, the Company's Board of Directors has today resolved to apply for delisting of the Company's shares from Nasdaq First North Growth Market in Stockholm.
On 29 May 2024, Misen announced the Board of Directors' proposal to the Annual General Meeting to resolve on the voluntary liquidation of the Company. In connection therewith, the Board of Directors announced its intention to apply for delisting of the Company's shares as a consequence of the voluntary liquidation. The proposal was made in light of the fact that on 2 May 2024, the Company entered into a share purchase agreement to dispose of all shares in the Company's operating subsidiary, Misen Enterprises AB (the "Subsidiary"). The disposal of the Subsidiary was subject to the approval of the Extraordinary General Meeting, which was obtained on 12 June 2024.
On 14 June 2024, the Company announced that the sale of all shares in the Subsidiary had been completed. As the Company's operation has been conducted entirely in the Subsidiary, the final completion of the sale means that there are no longer any operational activities in Misen. On 28 June 2024, the Annual General Meeting resolved, in accordance with the proposal of the Board of Directors, to put the Company into voluntary liquidation and, consequently, that the Company shall apply for delisting of the Company's shares on Nasdaq First North Growth Market in Stockholm.
Since Misen no longer conducts any operational activities and the Company's shareholders have resolved on a voluntary liquidation, the Company no longer fulfils the listing requirements on Nasdaq First North Growth Market in Stockholm.
The last day of trading in the Company's shares on Nasdaq First North Growth Market will be announced in a separate press release as soon as the Company has received confirmation thereof from Nasdaq First North Growth Market.