Business
SERV: Medimi AB divests core business after Q1 sales growth, shifting focus to a reverse acquisition
SERV: Medimi AB divests core business after Q1 sales growth, shifting focus to a reverse acquisition
About this update from Servana Ab (publ)
Medimi AB reported a 32% year-over-year sales increase in Q1 2025 but continued losses, driven by Danish operations. The company is divesting its core business and pursuing a reverse acquisition of Userdesk AB, with full wind-down expected in Q2.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.