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Court withdraws Swecat Racing’s Claim
Nacka, 10 June 2015: The filed bankruptcy claim from Swecatracing AB has been withdrawn by Swecatracing AB, without any liabilities by Trig Social Media AB. Swecat Racing has used the filing of a bankruptcy to force Trig Social Media AB to pay for invoices that Trig has disputed. At the bankruptcy hearing Swecat withdrew the filed application of bankruptcy, after Trig had shown that the invoices are disputed, legally wrong, and that Trig is a solvent company. The matter has been dismissed by the court and there are no financial liabilities by Trig.
About Trig Social Media (Publ.)
Trig Social Media (Publ.) is a global social media platform provider who has designed a range of social user-engagement product applications such as Trig.com, Trig Money, Momentik by Trig, HeyHey, and Trig TV. The company also has an Esports’ division and works together with six of the leading teams and players in the world.
Trig is a listed public company on the Frankfurt Stock Exchange with a market cap exceeding EUR 1 bn.
Trig Social Media AB
Phone: +46 (0) 40-60 60 284
Fax: +46 (0) 40-692 92 52
P O Box 1268, S – 131 28 Nacka Strand
Investor Relations Contact:
Phone: +49 (0) 511 – 47 40 23 11
Office Center Plaza, Mailänder Straße 2