The Board of Directors of LIDDS AB (publ) (“LIDDS” or the “Company”) has, after completing due diligence, decided to discontinue the ongoing process for the reverse acquisition of Proport Invest AB (publ) (“Proport”).
On 11/27/2025, LIDDS announced that the Company had entered into an agreement concerning a reverse acquisition of Proport. The acquisition was subject to several conditions. After conducting due diligence on Proport, the Board decided to terminate the ongoing process for the reverse acquisition.
The Board will now continue its efforts to preserve and maximize the value that the Company still holds, with the aim of creating shareholder value in the best possible way.