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CORRECTION Qlife Q4 2023

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Earlier press release did not include the CEO statement and should have been marked with the MAR legend as it contains insider information.

Financial summary – fourth quarter 2023

  • Revenue in the period amounted to kSEK 30 (1,097). Revenue includes sales of Egoo.Health devices and capsules for the device. Revenue in Q4 is solely from test orders of CRP capsules and Egoo systems.
  • EBITDA for the period amounted to kSEK –9,466 (-16,843), and net loss kSEK –111,547 (-25,413).
  • The total cash flow in the fourth quarter amounted to kSEK -6,095 (3,103).
  • Earnings per share before/after dilution for the quarter amounted to SEK -0,019 (-1.17), calculated on weighted average number of shares in the period.

Financial summary – January-December 2023

  • Revenue in the period amounted to kSEK 244 (17,993). Revenue includes sales of Egoo. Health devices and capsules for the device.
  • EBITDA for the period amounted to kSEK -43,987 (-77,664), and net loss kSEK -159,956 (-93,141).
  • The total cash flow from January to December amounted to kSEK -13,944 (-57,946).
  • Earnings per share before/after dilution for 2023 amounted to SEK -0,46 (-5.46), calculated on weighted average number of shares in the period.

Significant financial events 2023

Auditors from BDO’s wording:

The European Securities and Markets Authority (ESMA) has previously noted in a public report that it is sceptical when an entity states that it has determined that no impairment exists when its market capitalisation is lower than the carrying amount of its listed equity instruments.

The market capitalisation of an entity represents strong external evidence of the value that market participants place on an entity, and therefore its fair value. Consequently, an entity would need to be able to assert that its value in use exceeds its fair value to avoid recording an impairment. (see letter of ceo for company statement)

Significant events – fourth quarter of 2023

  • Qlife carries out a rights issue of units of approximately SEK 49.5 million

On December 12rd the board of directors of Qlife Holding AB (“Qlife” or the “Company”) has, subject to approval by the extraordinary general meeting on 16 January 2024, resolved to carry out an issue of 215,187,249 units, consisting of shares and warrants series TO 4 and TO 5, with preferential rights for the Company’s existing shareholders (the “Rights Issue”). Provided that the Rights Issue is fully subscribed, the Company will receive initial proceeds of approximately SEK 49.5 million before the deduction of issue costs. The Rights Issue is covered by guarantee

commitments of SEK 30.1 million, corresponding to approximately 61 percent of the Rights Issue. In order to secure the Company’s financing needs until the completion of the Rights Issue, the Company has secured a bridge financing amounting to SEK 5.0 million (2,5 mSEK in December and 2,5 mSEK after ekstraordinary meeting in 2024).

  • Qlife signs a collaboration agreement with major Chinese industry partner Hipro.

On September 14th Qlife signed a Letter of Intent (LOI) with chinese major industry player, Hipro Biotechnology, to introduce Egoo Health to the Chinese market. On December 4th Qlife finalized and signed a comprehensive collaboration agreement with Hipro Biotechnology.

The collaboration consists four major parts:

  1. Regulatory Approvals: Hipro Biotechnology will navigate the regulatory landscape to secure vital approvals from the China Food and Drug Administration (NMPA) for Egoo Health which consist of the software, hardware and three test capsules. Hipro Biotechnology will cover all associated costs during the approval phase for Egoo Health.
  2. Commercialization in China: Following regulatory approvals, Hipro Biotechnology will lead the commercialization of Egoo Health in China, which includes marketing, sales, and distribution through Hipro’s distribution network directly to Chinese hospitals, along with overseeing the associated financial responsibilities.
  3. Hipro Biotechnology, a leading point-of-care diagnostics company with an extensive distribution network to more than 14,000 Chinese hospitals, will be responsible for the marketing, sales, and distribution of Egoo Health to Chinese hospitals. Hipro Biotechnology will solely cover associated costs and Qlife will receive royalties for products sold. Hipro is forecasting into the millions of Egoo tests sold during first full year expected to be 2025.
  4. Hipro Biotechnology will initially focus on the production of EgooCapsules and EgooCollect blood-to-plasma units. The production of Egoo instrument will remain in Scandinavia until the relationship has fully matured.

Significant events after the end of fourth quarter of 2023

  • Qlife Holding announces the outcome of extraordinary general meeting January 16th 2024

The extraordinary general meeting resolved in accordance with the proposal from the board of directors to amend the provisions in the Articles of Association regarding the limits for the company’s share capital. In addition, the extraordinary general meeting resolved to reduce the company’s share capital by SEK 48,417,131.175, without redemption of shares, for allocation to non-restricted equity. The reduction of the share capital entails that the share’s quota value changes from SEK 0.08 to SEK 0.005 per share.

The extraordinary general meeting resolved in accordance with the proposal from the board of directors to approve the board of directors’ resolution of 12 December 2023 on a rights issue of a maximum of 215,187,249 units. Those who are registered as shareholders in the company on the record date 8 February 2024 will receive one (1) unit right per existing share. Three (3) unit rights entitle to subscription of one (1) unit in the company at a subscription price of SEK 0.23 per unit, which corresponds to a subscription price of SEK 0.01 per share. Each unit consists of twenty-three (23) new shares, eight (8) warrants series TO 4 (“TO 4”) and eight (8) warrants series TO 5 (“TO 5”). In total, the issue comprises a maximum of 4,949,306,727 shares, a maximum of 1,721,497,992 TO 4 and a maximum of 1,721,497,992 TO 5. One (1) TO 4 entitles the right to acquire one (1) new share in the company against cash consideration amounting to SEK 0.02 per share. One (1) TO 5 entitles the right to acquire one (1) new share in the company against cash consideration amounting to SEK 0.0225 per share. The TO 4 may be exercised during the period 7–21 June 2024. The TO

5 may be exercised during the period 21 November–5 December 2024

Upon full subscription of all shares that are issued in the rights issue, the share capital will increase with a maximum of SEK 24,746,533.635 (based on the new quota value after resolution by the extraordinary general meeting). Upon full subscription of all warrants series TO 4 that are issued in the rights issue, the share capital will increase with a maximum of SEK 8,607,489.96 (based on the new quota of SEK 0.005 per share). Upon full subscription of all warrants series TO 5 that are issued in the rights issue, the share capital will increase with amaximum of SEK 8,607,489.96 (based on the new quota of SEK 0.005 per share). The subscription period in the Rights Issue runs from and including 12 February 2024 up to and including 26 February 2024.

The extraordinary general meeting resolved in accordance with the proposal from the board of directors to amend the provisions in the Articles of Association regarding the limits for the company’s share capital. In addition, the extraordinary general meeting resolved to increase the company’s share capital by SEK 48,417,131.175 through a bonus issue, without issuing new shares, by transferring a corresponding amount from non-restricted equity.

The full report is attached and can also be found at here: https://qlifeholding.com/en/investors/finansiella-rapporter

Letter from the CEO

Focus on the collaboration with our Chinese partner

During the fourth quarter we signed a collaboration agreement with the Chinese company Hipro Biotechnology. The partnership is a direct result of our new Egoo Innovate-strategy, and during the latest months Qlife and Hipro have worked together to develop our relationship.

Qlife and Hipro fit well together

So far, it is very satisfying to see the good match in terms of both competences and technologies. Qlife brings an advanced micro lab for home use, the ability to innovate and qualified assay mechanical engineers. Hipro brings a highly professional production facility, a proven track record for getting IVD test regulatory approved as well as a big R&D team able to execute clinical studies, developing more biomarkers to the Egoo System faster.

During this initial period, Qlife has had two teams visiting Hipro in China. The collaboration between the technical teams, has progressed very well, I see a lot of respect and motivation from both sides.

Together with Hipro we have set a joint plan and targets that we are following on a continuous basis, and we are working closely with weekly Teams meetings.

Hipro is now working swiftly to conclude how they will go to market with our products. They will start with our system that filters plasma from whole blood. In parallel, they are assessing which test capsules they want to implement first.

Hipro puts resources into the project

I am impressed by the high quality of Hipro’s work. The people are competent and motivated, and the company are not afraid to put resources into the project. Already approximately 40 people from Hipro are involved in the activities in one or another way. I have a continuous contact with the Hipro-management and expect to meet them again already during a conference in February.

Right now, Hipro is also working in detail to secure that they understand everything in and around the Egoo System, and that everything is working the way they expect. Hipro aim to start the work with regulatory approvals during the first half of 2024, and we hope that we will have Egoo on the Chinese market during 2024.

Additionally, it is very satisfying to know that all the work that Hipro is doing to get regulatory approval also can be used for UKCA approval and CE-marking in Europe. It is much faster to do the tests in China than to do it ourselves, which means that we really can leverage the Chinese relationship in different ways.

Therefore, we have slightly changed our strategy regarding regulatory approvals in the UK & EU. We are now working on quickly obtaining data from China to use them in our regulatory work aiming for approvals in UK & Europe. This is a much more cost-efficient way of getting regulatory approvals and possibly means that we can move several more tests through the regulatory process.

UK and potential new partnerships

In UK, we have identified the possibility of self-declaring our Egoo Test Capsules, opening the possibility to sell approved (UKCA) test to hospital-at-home, pharmacies, and health practitioners. UK are still, and for at least 2024, following the IVDD as opposed to the IVDR in the EU. Hence we can self-declare in the UK during this year and have the Egoo System on the UK market, where the general demand is big for new solutions to improve health offerings and in particular biomarker tests.

We see a big potential in the UK market and a great interest in selling Egoo. We have initiated dialogue with multiple potential partners. We expect to launch the Egoo System with multiple tests in the second half of 2024, providing us the opportunity to setup the right and reliable partners. Thanks to the collaboration with Hipro and the access to their highly optimized reagents we now can move new biomarkers forward quickly and implement on Egoo.

Besides the intense collaboration work with Hipro, we are working on other new partnerships, and have some very promising contacts, but it is still early discussions.

Significant financial statement 2023

There have been extensive ongoing discussions with the auditors regarding the valuation of the company.

Their determination suggests that the valuation of the shares of subsidiaries held by the parent company should be adjusted to the stock market value of kSEK 12,911. Concurrently, the receivables from the subsidiary should be zeroed out, amounting to kSEK 116,325, resulting in equity nearing zero at kSEK 773. Additionally, for the group, this entails a negative impact as the value of capitalized development costs will also be written down to kSEK 12,911, representing a total write-down of kSEK 87,201.

The management do not perceive the year-end value as indicative of the true value of the company. The management anticipate that the future value of the company will be significantly higher, particularly through our collaboration with Hipro, which has yet to be substantiated.

Purpose of the upcoming rights issue
After the third quarter, we announced a new rights issue with the target to finance the company until we see sales from China. The rights issue will initially give us financing for the first half of 2024. It then follows by a TO4 warrant in June with the purpose to finance the rest of 2024, followed by a TO5 warrant in November/December 2024 that will take us to the point where we start to see revenues from China and the UK.

Helsingborg, 8 February 2024
Thomas Warthoe, CEO

The information in this press release is such that Qlife Holding AB (publ) shall announce publicly according to the EU Regulation No 596/2014 on market abuse (MAR). The information was submitted for publication, through the agency of the contact person set out above, at [Date and time is inserted automatically].

For more information please contact:

Thomas Warthoe, CEO
tw@egoo.health
+45 21 63 35 34

Qlife is a Swedish company based in Helsingborg, which develops and markets an innovative medical technology platform, Egoo.Health (”Egoo”), with the goal of giving people access to clinical biomarker data when testing at home. The company is listed on the Nasdaq First North Growth Market (ticker: QLIFE). G&W Fondkommission is the Company’s Certified Adviser. For additional information, please visit www.qlifeholding.com.

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Ledamöter i kommittén En svensk kulturkanon förordnade

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Ledamöter i kommittén En svensk kulturkanon (Dir. 2023: 180) har nu förordnats av kulturminister Parisa Liljestrand.

–Nu har vi en kompetent kommitté på plats. Jag ser fram emot att följa deras arbete med att ta fram en kulturkanon som ska bli ett levande och användbart verktyg för bildning, gemenskap och inkludering. Att ta fram en kulturkanon handlar om att göra svensk kultur tillgänglig för fler, säger kulturminister Parisa Liljestrand.

Kommittén ska bland annat

• utse konst- och kulturområden som ska ingå i en svensk kulturkanon,

• fastställa vilka kriterier som ska gälla vid valet av verk till en svensk kulturkanon,

• utse deltagare i expertgrupper utifrån sakkompetens inom respektive område,

• uppdra åt varje expertgrupp att självständigt, enligt de kriterier som kommittén fastställt, avgöra vilka verk som ska ingå i en svensk kulturkanon inom det område som gruppen svarar för,

• sammanställa en svensk kulturkanon av de verk som väljs ut av expertgrupperna,

• skapa en öppen och inkluderande process vid framtagandet av en svensk
kulturkanon där allmänheten ges möjlighet att komma med förslag, och

• föreslå hur en svensk kulturkanon ska kunna hållas relevant över tid.

Som ledamöter i kommittén förordnas:

Marlen Eskander, verksamhetsledare Läsfrämjarinstitutet                                         
Gunilla Kindstrand, journalist
PJ Anders Linder, chefredaktör Axess
Peter Luthersson, docent
i litteraturvetenskap

Bakgrund

Regeringen beslutade den 21 december 2023 om direktiv till den kommitté som ska ta fram en svensk kulturkanon. Ordförande i kommittén är professorn och historikern Lars Trägårdh. Kommittén inleder sitt arbete den 1 mars 2023 och uppdraget ska redovisas senast den 31 augusti 2025.

Sara Persson
Pressekreterare åt kulturminister Parisa Liljestrand
Mobil: 076-112 78 19
sara.e.persson@regeringskansliet.se

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FX International AB (publ) avlämnar bokslutskommuniké för fjärde kvartalet 2023

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Sammanfattning av perioden

Januari – december 2023

Rörelseresultat: -8 348 KSEK (-1 565 KSEK)

Finansiella intäkter och kostnader: 0 KSEK (185 KSEK)

Resultat före skatt: -11 975KSEK (-1 380 KSEK)

Resultat per aktie efter skatt: -0,21 SEK (-0,024 SEK)

Oktober – december 2023

Rörelseresultat: -3 477 KSEK (288 KSEK)

Finansiella intäkter och kostnader: -24 KSEK (42 KSEK)

Resultat före skatt: -3 501 KSEK (330 KSEK)

Resultat per aktie efter skatt: -0,61 SEK (0,006 SEK)

Kommande finansell kalender

Delårsrapport 31 maj 2024
Halvårsrapport 30 augusti 2024
Delårsrapport 29 november 2024
Bokslutskommuniké (Q4) 28 februari 2025

VD kommentar

Vi lämnar bakom oss ett minst sagt utmanande år med inflation och geopolitiska konflikter som bidragit till ett svårt ekonomiskt klimat för oss och många andra. För oss inom SME-segmentet med fortsatt tillväxtresa framför oss har det ekonomiska klimatet inneburit svårigheter att hålla i den uppåttrend som vi efter förra årsbokslutet såg framför oss. Jag och styrelsen har under 2023 fortsatt att arbeta utefter strategin som vi startade hösten 2020 och som vi sedan dess följt.

Vi har sedan 2020 genomgått en större omorganisation och tagit steget mot att utöka vår verksamhet med ytterligare investeringsprodukter samt förändrat bolagsstrukturen genom förvärv. Trots att turbulenta globala händelser utom vår kontroll avlöst varandra har vi fortsatt utveckla FXI med målsättning att skapa goda investeringsmöjligheter inom vårt fondbolag, AI2 SICAV plc, samt adderat ytterligare affärsmodeller till vår verksamhet genom förvärv. Vårt förvärv, och kommande förvärv, genomförs för att bredda vår verksamhet till att omfatta fler områden där olika affärsinriktningar bidrar till att skapa synergier och främja samarbete inom marknadssektorer, affärssegment och teknologi med syfte att skapa förutsättningarna för både organisk och förvärvad tillväxt.

Under 2023 initierade FXI förvärvet av ett danskt finansbolag som lyder under danska Finanstilsynet (Finansinspektionen), Villand Capital ApS. FXI har genom förvärvet nu möjlighet att agera rådgivare till institutioner, vilket skapar synergier med AI2 SICAV plc. Utöver ovan har Villand Capital ApS även en Corporate Finance verksamhet och försäljningsorganisation där nära samarbetsmöjligheter och synergieffekter med Genova Nordic SME Fund föreligger.

Det gångna året har för vår fortsatta tillväxtresa varit oerhört positivt. Nya affärsmöjligheter har tillförts och förberedelser för fortsatta strukturaffärer har initierats och när vi går in i 2024 gör vi det med fler affärsinriktningar och med förutsättningar att utveckla de affärsmodeller som FXI har.

Även om vi ser ytterst positivt på det gångna året så går det inte att bortse från att vi har varit tvungna att hantera negativa utspel och påståenden från företrädare från Tikspac AB, påståenden som varit osanna och grundlösa. Styrelse och ledning har tillsammans fått ägna allt för mycket tid på att hantera dessa utspel, vilket tagit fokus från vårt arbete med vår verksamhet och hindrat oss i vår affärsutveckling under 2023.

Framöver är det vår affärsfilosofi att fortsätta utveckla och förbättra verksamheten genom ytterligare förvärv där synergier mellan affärsmodeller skapar förutsättningar för internationell marknadspositionering, bidrar till affärsutveckling, kompletterar nuvarande affärsområden och medverkar till ett långsiktigt hållbart värdeskapande för FXI, investerare och aktieägare.

Våra driftkostnader under 2023 har ökat till följd av inflation och affärsutveckling, vi ser inte en fortsatt ökning av fasta kostnader under 2024. Den negativa utvecklingen i SME-marknaden har även påverkat våra investeringar. Vi har dock tillförsikt inför 2024 och en comeback för SME-marknaden. Framöver hoppas vi, som så många andra, att marknaden för små- och medelstora bolag vänder uppåt och att även de får större intresse under 2024.

Under 2024 förväntar vi oss en positiv påverkan på vårt resultat genom vårt nyförvärv Villand Capital ApS. Dessutom blir 2024 ett intressant utvecklingsår med fler möjliga förvärv inom den finansiella sektorn.

Vi tackar alla de som stöttat oss under det gångna året!

Sofie Danielsson, verkställande direktör

FX International AB (publ)

Sofie DanielssonCEO+46 (0) 708 901097sofie.danielsson@fxi.se

FX international AB (publ) arbetar med egen förvaltning och erbjuder alternativa investeringsprodukter till professionella och instutionella investerare genom sitt fondbolag, AI2 SICAV plc. Bolaget innehar även en egenutvecklade valutahandelsplattform, Genova FX. Handeln sker genom statistiska modeller optimerade med artificiell intelligens.

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NSW Ambulance service i Australien rapporterar om goda resultat från ambulansstudie med MD100 Strokefinder

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Medfield Diagnostics meddelar att New South Wales Ambulance Service rapporterar i en mediarelease om goda erfarenheter från användningen av MD100 Strokefinder i en ambulansstudie.

John Hunter Hospital, New South Wales Ambulance Service och Stroke Alliance genomför en ambulansstudie med MD100 Strokefinder. Paramedic Immediate Care Units (PICU) från New South Wales Ambulance Service har med hjälp av MD100 Strokefinder bedömt cirka 100 patienter i samband med larm om en misstänkt stroke.

Media release:” NSW Ambulance first in the world to trial new stroke care technology” Länk : NSW Ambulance first in the world to trial new stroke care technology –

A world-first collaborative trial will see cutting-edge technology used by NSW Ambulance as part of the rapid assessment and triage of stroke patients as they are transported to hospital.

A revolutionary new brain scanner, the Medfield Diagnostics Strokefinder MD100 helmet, is currently being piloted by NSW Ambulance paramedics in the Hunter region, the first time the Strokefinder helmet technology is being utilised on the frontline and outside of hospital.

Minister for Regional Health Ryan Park said this innovative trial could enable even faster stroke diagnosis and treatment, meaning more patients stand to benefit from timely stroke interventions in the vital ‘golden hour’.

“Stroke is a time critical emergency and is one of Australia’s biggest killers, so the earlier our paramedics and neurologists can assess and treat patients, the better the outcome,” Mr Park said.

“I am really proud our NSW Ambulance paramedics are the first in the world to use this device in the pre-hospital setting.

“This is a wonderful example of some of the truly collaborative projects taking place across the health system right now, where cutting-edge technology and our highly skilled hospital clinicians and frontline paramedics work together.”

NSW Ambulance Commissioner Dr Dominic Morgan said the technology is fast to operate and performs multiple brain measurements in 60 seconds.

“This exciting study brings together NSW Ambulance intensive care paramedics and John Hunter Hospital neurologists, and the Hunter Medical Research Institute, to evaluate the feasibility of the Strokefinder MD100 helmet in pre-hospital care,” Dr Morgan said. “When combined with an innovative telehealth app, our paramedics on the ground are able to consult with the neurology team in the hospital to optimise the care and overall outcome for the stroke patient.”

Acute Stroke Services Neurologist at John Hunter Hospital and study lead, neurologist Professor Chris Levi, said clinicians and researchers will work together closely to evaluate and refine how the stroke detection system and telehealth app can optimise frontline care.

“When a stroke occurs, rapid and accurate diagnosis is vital to speed up the delivery of treatment interventions and improve clinical outcomes for the patient,” Professor Levi said.

Preliminary data from the trial shows almost all patients were scanned within an hour of the Triple Zero call being made.

Minister for Medical Research David Harris said these results of the trial have been remarkable considering less than five per cent of stroke patients in Australia undergo a hospital CT scan within an hour of suffering a stroke.

“Although still in the research phase, this innovation allows paramedics to rapidly scan the brain, hopefully within what’s known as the ‘golden hour’ after a stroke occurs which is when we can optimise treatment outcomes for the patient,” Mr Harris said.Jack Di Tommaso, a 27-year-old gym owner and personal trainer from Newcastle, recently completed a marathon when an ischaemic stroke gave him and his family the shock of their lives. Jack didn’t know what to make of his sudden symptoms, which included slurred speech and reduced consciousness.

Thanks to this trial, the Strokefinder MD100 scan was performed on Jack within the ‘golden hour’ after suffering a stroke and his clinical information was captured in the telehealth app.

Jack said he felt lucky to be treated so quickly thanks in part to this ground-breaking trial.

“I’m grateful my mate called Triple Zero straight away, the paramedics arrived minutes later and were amazing from start to finish,” Jack said.

“I was scanned by the Strokefinder helmet and examined on a video call direct to the neurologist at hospital This collaboration and quick response was a major factor in making a full recovery.”

Minister for the Hunter Yasmin Catley said regional Australians are 17 percent more likely to suffer a stroke than those in metropolitan areas.

”In the Hunter New England Health District, around 1,500 residents experience a stroke each year, so it makes sense a trial like this would take place here,” Ms Catley said.

Member for Wallsend Sonia Hornery said she was proud clinicians from John Hunter Hospital are involved in the trial.

“Some of our best and brightest work at John Hunter Hospital, and for them to be involved this frontline research which is improving outcomes for people suffering a stroke is really fantastic,” Ms Hornery said.

NSW Ambulance in partnership with Hunter New England Local Health District, Medfield Diagnostics, Hunter Medical Research Institute, and Titan Neuroscience Research Australia, anticipate reporting trial results later this year.

För mer information kontakta:
Björn Larsson CEO, Medfield Diagnostics AB, tel+46 766 201 725

Medfield Diagnostics har som mål att underlätta diagnostiseringen av stroke och huvudtrauma. Om man på ett tidigt stadium kan avgöra om patienten har en stroke eller inte, skulle behandlingsprocessen kunna påskyndas och rätt behandling sättas in betydligt tidigare än idag. Därigenom kan det elimineras mycket lidande hos drabbade patienter och det skulle kunna sparas mycket stora vård- och rehabiliteringskostnader för samhället.

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