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NAXS AB ( (SE:NAXS) ) just unveiled an announcement.
NAXS AB’s subsidiary NAXS A/S has agreed with Naccess Partners AB to immediately terminate their long-standing investment advisory agreement, originally signed in 2007, in exchange for a one-off settlement that replaces all future fixed and variable fee obligations. The deal results in a negative earnings impact of SEK 11 million in the fourth quarter of 2025, comprised of an SEK 8.2 million cash payment and a SEK 2.8 million write-down of a receivable related to carried interest, but it simultaneously eliminates future management fee and profit-sharing liabilities from 2026 onward, potentially improving the company’s cost structure after a year in which it paid SEK 10.8 million in advisory and carried interest fees.
More about NAXS AB
NAXS AB is a Stockholm-listed investment company that primarily invests in private equity funds with a Nordic focus, while also selectively making direct investments in private equity and other alternative assets alongside funds. The company may, to a limited extent, pursue other types of investments, positioning it as a specialized player in the Nordic alternative investment and private equity market.
Average Trading Volume: 137,444
Technical Sentiment Signal: Hold
Current Market Cap: SEK384.9M
See more data about NAXS stock on TipRanks’ Stock Analysis page.