Nasdaq Stockholm AB: The observation status for Aventura Group AB is updated (466/23)

On October 27, 2022, the shares in Aventura Group AB (the "Company") were given
observation status following changes to the Company's board of directors
resulting in a majority of the directors also serving on the Company's senior
management in breach of the Nasdaq First North Growth Market Rulebook. 

On November 21, 2022, the observation status was updated with reference to
material adverse uncertainty in respect of the Company's financial position. 

On April 26, 2023, the observation status was updated after the Company had
entered into a conditional agreement to transfer all of its operational assets
to Genuine German GmbH. 

On September 8, 2023, the Company published a press release with information
that the Company had entered into a letter of intent to acquire all of the
shares in Suntrade AB through a reverse takeover, conditional upon, inter alia,
approval by a general meeting of the Company's shareholders and Nasdaq
Stockholm AB's decision to admit the Company's shares for continued trading on
Nasdaq First North Growth Market. 

The rules of Nasdaq First North Growth Market state that an issuer may be given
observation status if it has been the subject of a reverse take-over or
otherwise plans to make or has been subject to an extensive change in its
business or organization so that the issuer upon an overall assessment appears
to be an entirely new company. 

With reference to the above, Nasdaq Stockholm AB decides to update the
observation status for the shares in Aventura Group AB (AVENT B, ISIN code
SE0015961438, order book ID 226477). 

For further information about this exchange notice please contact Enforcement &
Investigations, telephone [phone].