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SoftOx Solutions AS: Restructures to conserve resources while exploring strategic alternatives
27 Mar 2023 10:00 CEST
Issuer
SoftOx Solutions AS
OSLO – March 27, 2023: SoftOx Solutions AS (“SoftOx” or the “Company”) today
announces that its Board of Directors has decided to temporarily lay off
employees to save costs during a period of financing and restructuring of the
Company. As a result of this decision, SoftOx Solutions Denmark has been closed
down and key personnel will be reengaged.
During the temporary layoff period, the company will continue the work on
securing financing for further development of SoftOx Solutions AS.
For further information, please contact:
Geir Almås, Executive Chairman of SoftOx Solutions AS
Christian Harstad, Interim CEO of SoftOx Solutions AS
Mail: ir@soft-ox.com
Phone: Front Desk: (+47) 948-59-599
About SoftOx Solutions AS
SoftOx Solutions AS (SoftOx, listed on Euronext Growth Oslo) is a medtech and
clinical-stage pharmaceutical company based in Oslo, Norway, with the goal of
reducing the spread of infection and emergence of antimicrobial resistance. For
more information on SoftOx, visit www.soft-ox.com
More information:
Access the news on Oslo Bors NewsWeb site
Source
SoftOx Solutions AS
Provider
Oslo Børs Newspoint
Company Name
SOFTOX SOLUTIONS
ISIN
NO0010811961
Symbol
SOFTX
Market
Euronext Growth