Corporate News – Teneo AI AB
Market Overview
On Thursday, 22 November 2026, Teneo AI (ticker TENEO.ST) closed the trading day unchanged, with a 24‑hour price change of 0 %. At 19:07 Central Europe, the stock traded at approximately SEK 0.03 on major exchanges. The company’s current free float amounts to 493 million shares, giving it a market capitalisation of roughly SEK 14.8 million. In the preceding 24 hours, a total of SEK 501.6 k of Teneo AI shares were exchanged.
Relative to the previous month’s close, Teneo AI’s price has declined 25 %. Its 200‑day simple moving average sits at SEK 0.28. In the last 52 weeks, the share’s peak was SEK 0.80 on 11 March 2025, while the trough fell to SEK 0.02 on 21 October 2026.
Q3 2026 Results
Teneo AI AB released its third‑quarter 2026 financial statements, highlighting a significant refinancing initiative:
- Debt Conversion to Equity – The company transformed existing debt obligations into equity, eliminating its remaining debt load and achieving a debt‑free balance sheet.
- Preferred Share Offering – A fully‑subordinated preferred share issue followed, further reducing the cost base to approximately half of its prior level.
- Operational Impact – Management reports that the restructuring establishes a platform for resuming commercial operations with a refreshed product line and a leaner organisational structure.
Despite the financial turnaround, the quarter recorded a decline in net sales, falling to about one‑quarter of the same period a year earlier. Management attributes this drop to the loss of a major customer and the fallout from a contractual dispute with a former U.S. partner. The CEO emphasised a strategic pivot toward speed and niche execution rather than pursuing large‑scale expansion.
Peer Performance – 24‑Hour Snapshot
| Stock | Ticker | 24‑H Change | Current Price | Market Capitalisation |
|---|---|---|---|---|
| Qlucore | QCORE.ST | +8.02 % | SEK 0.31 | SEK 13.9 million |
| C | V060.F | –3.4 % | EUR 0.26 | EUR 1.4 million |
| Spermosens | 9R5.F | 0 % | EUR 0 | EUR 1.3 million |
| Qbim | QBIM.ST | 0 % | SEK 0.22 | SEK 14.7 million |
| Lifeclean | LCLEAN.ST | +100 % | SEK 0.02 | SEK 17.6 million |
Lifeclean International AB – Corporate Action Update
Lifeclean International AB announced that its securities will be removed from trading on Boerse Frankfurt on 20 October 2026. The decision is part of a broader adjustment to the exchange’s instrument roster. Concurrently, the company reported that its existing entity, VerifyMe, has merged into OpenWorld effective immediately. The new entity will distribute a dividend of $1.50 per share the following day. No further details were provided regarding the implications for shareholders or subsequent trading arrangements.
Company Profile – Teneo AI AB
Teneo AI AB, operating under the corporate name Artificial Solutions International AB, is headquartered in Stockholm, Sweden. The firm specialises in enterprise‑grade conversational artificial intelligence (AI) platforms that support multi‑lingual, multi‑channel, and cross‑platform interactions. Its solutions enable business users and developers to co‑create intelligent applications, facilitating seamless communication and efficient task completion across global markets.
