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2024-06-20

Flat may need to make further write-downs of the value of its holding in Getir

Flat Capital AB (publ) ("Flat") may need to write down the value in whole or in part in the portfolio company Getir. The assessment is made after updated information from Getir regarding their current financial situation. Getir has faced several challenges in recent year, which has also been covered in the media as a result of the company withdrawing from several markets in Europe. A full write-down in Getir would entail a negative adjustment of Flat's net asset value ("NAV") of approximately 32.6 MSEK, or approximately 0.66 SEK per Flat share, corresponding to 8.1% of the latest reported NAV as of March 31, 2024

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2024-05-06

Bulletin from the 2024 Annual General Meeting of Flat Capital

The Annual General Meeting (“AGM”) of Flat Capital AB (publ), 556941-0110, (the "Company") took place today, 6 May 2024. The AGM was conducted with both physical participation and postal voting

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2024-04-24

Flat Capital’s interim report January-March 2024

Flat Capital AB (publ) ("Flat") publishes its interim report for January-March 2024. Net asset value per share decreased by -2.4% compared to the previous quarter to SEK 8.20 per share. During the quarter, two investments were announced; in the legal AI company Harvey through a so-called Special Purpose Vehicle ("SPV"), and the data and AI company Oden Technologies that serves the manufacturing industry. Flat recognize a somewhat improving market environment and with a strong cash position the company intend to take advantage of the attractive opportunities that arise through Flat's global and unique network

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2024-04-10

Flat invests 10 MSEK in Oden Technologies

Flat Capital AB (publ) ("Flat") is investing approximately 10 MSEK in US-based Oden Technologies ("Oden"), a prominent data and AI company serving the manufacturing industry. Flat is investing through a so-called Series B round of approximately 300 MSEK in total, whereby the capital will primarily be used to accelerate Oden's AI efforts. Flat is investing alongside Nordstjernan Growth, which is leading the round, together with participation from the majority of previous investors such as Atomico and EQT Ventures as well as one of Oden's customers, INX International Inc

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2024-04-04

Notice of Annual General Meeting in Flat Capital AB (publ)

The shareholders of Flat Capital AB (publ), 556941-0110, (the "Company" or "Flat") are invited to the Annual General Meeting on Monday, May 6, 2024, at 17:00 at Alma at Nybrogatan 8, 114 34 Stockholm (“Alma”). Registration begins at 16:45. The Board has decided, in accordance with Chapter 7, Section 4a of the Swedish Companies Act and the articles of association of the Company, that shareholders may also exercise their voting rights at the Annual General Meeting by postal voting in advance. In addition to the AGM, the Company will also present an investor meeting. This gives shareholders, and others interested, an opportunity to take part in a short presentation about Flat and also the opportunity to ask questions to management and the board. The investor meeting will start at 17:30 at Alma. After the meeting and the presentation, pizza, soft drinks and other light refreshments will be served, with the opportunity to mingle to network with us at Flat and other shareholders

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