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FLAT_B: NAV dropped 7.9% in Q2, driven by a Getir write-down, with new AI investments boosting outlook

FLAT_B: NAV dropped 7.9% in Q2, driven by a Getir write-down, with new AI investments boosting outlook

Flat Capital Ab Class BJuly 18, 20244
FLAT_B: NAV dropped 7.9% in Q2, driven by a Getir write-down, with new AI investments boosting outlook

About this update from Flat Capital Ab Class B

NAV fell 7.9% in Q2 2024 due to a full write-down of Getir, offsetting otherwise stable portfolio values. New investments in xAI and Physical Intelligence highlight continued focus on AI, while strong cash reserves and low costs support future activity.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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