The Company has now completed the overarching exploratory work, in accordance with the press release issued on 5 February, and has identified a number of potential counterparties that are assessed as possibly being suitable candidates for a merger or a reverse takeover. Guard Therapeutics intends to initiate more in-depth discussions with prioritized parties in the near term.
 
The Company’s objective is to carry out due diligence work during the second quarter of 2026 and thereafter communicate additional details regarding the continued process. However, it cannot be ruled out that the review may not result in any transaction or other strategic outcome.
 
If no strategic alternatives materialize within a reasonable period of time, the Board of Directors intends to recommend delisting from Nasdaq First North Growth Market and voluntary liquidation, whereby available cash would be distributed to shareholders. Decisions regarding any potential merger, reverse takeover, delisting or liquidation will be made by shareholders at a future general meeting.
 
Guard Therapeutics undertakes no obligation to provide further information until the Board of Directors has made final decisions, subject to applicable regulations.