In June, Raytelligence AB (publ) subsidiary Innowearable AB (publ) ("Innowearable") entered into a letter of intent with the majority shareholder of Mobintel LLC ("Mobintel", formerly Tekmovil LLC), whereby Innowearable intended to acquire all shares in Mobintel through a so-called reverse acquisition. During the autumn, the circumstances surrounding the transaction with Mobintel …
