Hexicon AB calls meeting on liquidation or continued operations

what happened

Hexicon AB (publ) said in a notice published by TradingView that shareholders are invited to an extraordinary general meeting in Stockholm at 10:00 on 25 November 2026. The meeting also serves as the initial meeting for liquidation purposes, so it will decide whether the company goes into liquidation or keeps operating. Shareholders must be entered in the register kept by Euroclear Nordics as of 17 November and notify the company by 19 November.

The board prepared a balance sheet for liquidation purposes dated 31 August 2026, showing shareholders' equity of SEK 880,736,557 against registered share capital of SEK 3,638,026.86. Auditor KPMG AB reviewed the balance sheet but did not express an opinion on whether it complies with the Swedish Companies Act. It cited significant uncertainty over the company's financing and the going concern basis, as well as insufficient audit evidence for revaluations of financial fixed assets. The board's primary proposal is continued operations; its secondary proposal is liquidation.

why it matters

For investors the key issue is financing: the board acknowledges that short-term funding and cost cuts have not yet been secured, so the company's ability to fund ongoing operations remains uncertain. If continued operations are approved, a second meeting must be held within eight months and a new balance sheet prepared. If equity is not restored to at least the registered share capital, liquidation becomes mandatory.

market impact

Hexicon AB shares: liquidation risk and unsecured financing weigh on the company's outlook.

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