Press Releases
2024
STRAX has been navigating through very challenging times and finding ways to save the company, if we are able to complete these activities and stabilize...
2024-08-21 15:10
Moved date for the Q2 interim report to Friday August 30, 2024
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IR
The board of directors of STRAX AB has decided to postpone the publication of the Q2 report until Friday August 30, 2024, due to extra time required due...
2024-07-09 22:07
Notice of preliminary insolvency proceeding for subsidiary Strax Holding GmbH
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IR
Strax Holding GmbH was today notified of a preliminary insolvency proceeding by the court in Bonn, Germany. This initiates a 90-day procedure where the...
2024-06-27 15:56
Bulletin from STRAX AB’s Annual General Meeting
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General meeting
Report of the AGM
English
Regulatory
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IR
At today’s Annual General Meeting in Strax AB (publ) it was resolved to adopt the income statement and the balance sheet for the company, as well...
Challenges remain whilst all efforts focus on reducing debt and improving liquidity across the remaining group. Significant events after the end of the...
2024-05-31 23:10
Restated 2023 figures and initiating control balance sheet process
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Following events this week including the filing of insolvency of the associated company Strax GmbH May 28, 2004, the Board have decided to write down shares...
2024-05-30 18:50
STRAX: Moved date for the Q1 interim report to Friday May 31, 2024
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The board of directors of STRAX AB has decided to postpone the publication of the Q1 report until Friday May 31, 2024, following the insolvency filing...
2024-05-28 15:07
STRAX associated company STRAX GmbH files for insolvency in Germany
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In July 2023 STRAX announced that a new investor was brought into the European distribution business by investing 10 MEUR and becoming the majority shareholder...
2024-05-27 15:00
Notice to the Annual General Meeting
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General meeting
Notice
English
Regulatory
Listing Regulation
IR
The shareholders of Strax AB (publ), Reg. No. 556539-7709, with its registered office in Stockholm, Sweden, are hereby summoned to the annual general meeting...
2024-05-22 19:00
Moved date for the Q1 interim report to Thursday May 30, 2024
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The board of directors of STRAX AB has decided to postpone the publication of the Q1 report until Thursday May 30, 2024. The reason for the decision is...
2024-05-12 01:02
Divestment of shares in Matter Brands LLC for MEUR 11
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STRAX AB has, through its subsidiary STRAX Holding GmbH, divested its 40 percent ownership of Matter Brands LLC for at total consideration of the equivalent...
2024-04-02 19:20
Divests Clckr, Jewel and Fundamental brands along with customer contracts in the US.
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STRAX has entered into an Assets Purchase Agreement with Matter Brands, LLC, formerly Alara Inc, to divest the brands Clckr, Jewel and Fundamental as well...
STRAX – Challenging year operationally with two significant transactions completed The Group’s sales for the period January 1 – December...
2024-02-20 22:20
New date for publication of the Year-end report 2023
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The Board of Directors in STRAX AB has decided to move the date for upcoming board meeting and publication of the 2023 year-end report until Tuesday, February...
2024-02-06 08:52
Changes in the Board of Directors
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Bertil Villard has decided to resign as a Board member and as Chairman of STRAX AB. Bertil Villards ambition is to reduce a long-term high workload. Bertil...
2023
2023-12-27 06:35
Divestment of Urbanista for MEUR 25
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M&A
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MAR
IR
STRAX AB has, through its subsidiary STRAX Holding GmbH, divested its ownership of Urbanista AB for at total consideration of the equivalent of approximately...
STRAX – Tough trading conditions remain, yet managed to complete first divestment process The Group’s sales for the period January 1 &ndash...
2023-11-29 19:00
Moved date for the Q3 interim report to Thursday November 30, 2023
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At a Board meeting today with the board of directors in STRAX AB it was decided to postpone the publication of the Q3 report to Thursday November 30, 2023...
2023-09-18 18:00
Changes in the Board of Directors
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Pia Anderberg has decided to resign as a Board Member of STRAX. Pia was elected as a Board Member in 2018 and has ever since contributed greatly to STRAX...
2023-09-15 15:00
Investor completes 10 MEUR capital injection into STRAX European distribution and new logistics deals secured
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Pursuant to the investment agreement announced on July 13, 2023, STRAX announces the completion of the MEUR 10 share capital increase from ZEBRA Invest...
2023-09-07 15:26
Urbanista Malibu solar charging speaker wins 17 media awards at IFA 2023 trade show
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STRAX subsidiary Urbanista, which recently launched the Urbanista Malibu solar charging speaker powered by Powerfoyle™ solar cell material &ndash...
STRAX – Challenging quarter albeit strong gross margin development, whilst focus remains on the restructuring plan The Group’s sales for the...
2023-08-22 13:50
Urbanista takes one step further strengthening its position as the leader in the solar powered audio space by introducing Urbanista Malibu solar charging speaker
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STRAX subsidiary Urbanista launches Malibu, the world’s first solar charging speaker using Powerfoyle solar cell technology by Exeger. Following...
2023-07-13 04:25
STRAX brings an investor into its European distribution business in a transaction valuing that business unit at MEUR 32.
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STRAX, the mobile accessories specialist, has secured MEUR 10 investment from ZEBRA Invest GmbH, a Germany based investment company, for 50.1% ownership...