InCoax shifts to direct sales, pivots away from Nokia integration focus

• InCoax will pivot from the Nokia development and integration effort to a direct-sales model focused on selected customers.
• Sales responsibility is expected to shift to InCoax, with plans to remove contractual limits that blocked direct customer approaches.
• Management targets materially lower development costs, citing a strengthened carrier-grade platform to support commercialization.
• TO2 warrants were not exercised as the share traded below the SEK 0.60 subscription price, removing the expected funding.
• Alternative financing is under review, with additional capital expected to be needed before end-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. InCoax Networks AB published the original content used to generate this news brief via Cision (Ref. ID: 20261004:BIT:8812:0) on October 05, 2026, and is solely responsible for the information contained therein.