INVL Technology terminated agreement with investment advisor

Core Viewpoint - INVL Technology has terminated its agreement with Corum Group to enhance flexibility in exploring alternative strategic options for divesting its portfolio companies while continuing ongoing negotiations with potential buyers [3][5]. Group 1: Termination of Agreement - The company terminated the contract with the Zurich branch of Corum Group International on 17 July 2025, with certain terms remaining in force for a 12-month tail period [4]. - The decision was made to provide greater flexibility in exploring other divestment possibilities [3][5]. Group 2: Ongoing Sales Process - Despite the challenging economic conditions affecting B2B technology companies in Europe, the US, and Canada, the company continues to pursue the sale of its portfolio companies and has interested parties [5]. - Negotiations with potential buyers are ongoing, and the company is not halting the divestment process [2][5]. Group 3: Portfolio Performance - The portfolio companies are performing well, and their results will be reflected in the report for the first half of the year, which is expected to be published at the end of August [5]. Group 4: Company Overview - INVL Technology invests in IT businesses and is managed by INVL Asset Management, a leading alternative asset manager in the Baltics [5][6]. - The company owns and manages cybersecurity company NRD Cyber Security, GovTech company NRD Companies, and Baltic IT company Novian [6].