Press Releases
2024
2024-10-16 14:40
Acquires assets out of Strax GmbH insolvency estate
STRAX has completed an asset purchase agreement to acquire select assets from the insolvency estate of Strax GmbH in Germany. The transaction scope covers...
2024-08-30 18:37
Interim Report Q2 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
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...
Strax Holding GmbH was today notified of a preliminary insolvency proceeding by the court in Bonn, Germany.
2024-06-27 15:56
Bulletin from STRAX AB’s Annual General Meeting
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 as...
2024-05-31 23:16
Interim report Q1 2024
Challenges remain whilst all efforts focus on reducing debt and improving liquidity across the remaining group.
2024-05-31 23:10
Restated 2023 figures and initiating control balance sheet process
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
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
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
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
The board of directors of STRAX AB has decided to postpone the publication of the Q1 report until Thursday May 30, 2024.
2024-05-12 01:02
Divestment of shares in Matter Brands LLC for MEUR 11
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.
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...
2024-02-27 19:00
Year-end report 2023
STRAX – Challenging year operationally with two significant transactions completed
2024-02-20 22:20
New date for publication of the Year-end report 2023
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
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
STRAX AB has, through its subsidiary STRAX Holding GmbH, divested its ownership of Urbanista AB for at total consideration of the equivalent of approximately...
2023-12-01 00:43
Interim Report Q3 2023
STRAX – Tough trading conditions remain, yet managed to complete first divestment process
2023-11-29 19:00
Moved date for the Q3 interim report to Thursday November 30, 2023
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
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
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
STRAX subsidiary Urbanista, which recently launched the Urbanista Malibu solar charging speaker powered by Powerfoyle™ solar cell material – wins 17...
2023-08-23 18:00
Interim report Q2 2023
STRAX – Challenging quarter albeit strong gross margin development, whilst focus remains on the restructuring plan
STRAX subsidiary Urbanista launches Malibu, the world’s first solar charging speaker using Powerfoyle solar cell technology by Exeger. Following the...