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An update from NAXS AB ( (SE:NAXS) ) is now available.
NAXS AB’s Board of Directors has announced a strategic shift towards an orderly liquidation of its existing portfolio, citing a persistent discount to net asset value and underutilized cash reserves. The Board plans to convene an Extraordinary General Meeting to propose a special dividend and, following asset divestment, intends to seek approval for the company’s voluntary liquidation, potentially impacting shareholders and market positioning.
More about NAXS AB
NAXS AB is a company listed on NASDAQ Stockholm that primarily invests in private equity funds with a Nordic focus. The company also engages in direct investments or co-investments alongside private equity or other alternative assets funds, with a limited scope for other types of investments.
Average Trading Volume: 2,616
Technical Sentiment Signal: Buy
Current Market Cap: SEK592.4M
See more data about NAXS stock on TipRanks’ Stock Analysis page.