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OXE Marine

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Control balance sheet shows that the share capital of OXE Marine is fully intact
2024-09-20 15:00:00

The control balance sheet has now been reviewed by the Company's auditor and the balance sheet shows that the equity exceeds the registered share capital.

As previously communicated, on 25 July 2024, the board of directors of OXE Marine AB (publ) (‘OXE Marine’ or the ‘Company’) resolved to prepare a control balance sheet. The control balance sheet has now been reviewed by the Company's auditor and the balance sheet shows that the equity exceeds the registered share capital. As of 31 July 2024, the Company's equity amounts to SEK 26.1m, after adjustments relating to inventory revaluation, and the share capital amounts to SEK 10.0m.

For further information, please contact:
Paul Frick, CEO, OXE Marine AB, paul.frick@oxemarine.com, +46 (0) 70 325 0620

Jonas Wikström, chair of the board, OXE Marine AB, jonas.wikstrom@oxemarine.com, +46 (0) 70 753 6566

Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ).

OXE Marine AB (publ) (NASDAQ STO: OXE) is the company behind the world’s first high performance diesel outboard. The company’s unique and patented solutions for high torque transmission between powerhead and lower leg has led to a global high demand for the company’s outboards. Enabling improved performance and fuel efficiency in an outboard, OXE Marine redefines possibilities in the marine sector.

This information is information that OXE Marine is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-09-20 15:00 CEST.

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Control balance sheet shows that the share capital of OXE Marine is fully intact

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