Solmate Accuses RockawayX Head of Orchestrating Fraudulent Acquisition Attempt

PANews, June 24 – Solmate stated it is taking critical action to protect the company and its shareholders from what it describes as a "fraudulent offensive" launched by Viktor Fischer, Managing Partner and CEO of RockawayX. Solmate claims that Fischer raised $50 million through RockawayX to invest in Solmate and attempted to sell the company at a valuation of approximately $200 million, based on misleading financial statements provided to Brera Holdings. After identifying anomalies during due diligence, Solmate’s board terminated the transaction and filed a lawsuit in Delaware against Fischer and his company RX, alleging fraud and intentional misrepresentation. Solmate says the current "false attacks" against the company have suppressed market expectations and caused a significant discount in its valuation. The company will focus on pursuing accountability through litigation and building long-term business value, pledging to prioritize the interests of all shareholders and the security of corporate assets.

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This content is for market information only and is not investment advice.

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