GAME OVER | Day 40: In Court
This episode includes the full community Q&A livestream from 17 April 2026, recorded live from Copenhagen Airport immediately after the hearing. Watch above or read below.
Previous episodes: Day 39: The Genoptagelse | Day 38: The Resurrection | Day 37: 18 Questions
43 days since the Danish High Court unanimously annulled the bankruptcy of Shape Robotics.
Today, three Danish newspapers published articles about what happened this morning at Sø- og Handelsretten. All three wrote the same story: Shape Robotics is dead. The grave is open. It is over.
None of them wrote what actually happened in that courtroom. None of them quoted what I said. None of them reported the facts that contradict their own headlines.
So I will.
What the Press Wrote
Børsen — “Retten har talt: Shape Robotics sendes mod graven” — “The court has spoken: Shape Robotics is sent to the grave.” By Kasper Ohmeyer, Leonora Beck, Simon Kirketerp, and Johan Christensen. Published 17 April 2026, 14:28.
Finans — “Tidligere Shape Robotics-kurator skal lukke selskabet” — “Former Shape Robotics trustee to shut down the company.” By William Alkærsig Springer, Tobias Hansen Bødker, and Jesper Kroer Høberg. Published 17 April 2026, 14:50.
Ekstra Bladet — “Det er slut: Shape Robotics skal afvikles” — “It’s over: Shape Robotics to be liquidated.” By Merle Huse Svensson. Published 17 April 2026, 17:13.
Three obituaries. Same day. Same narrative. No context. No contradicting facts. No quote from the CEO who was standing in the courtroom.
Now here is what I actually said — recorded live, sixty minutes after the ruling, from Copenhagen Airport, on my way back to the war room.
The press writes the obituary. I write the investigation. Every filing, every court date, every receipt.
The Press Says: “It’s Over”
Here is what I said:
“It doesn’t change so much the plan that we have, in the sense that it delays a little bit the releasing of the company. But on the other hand, it also puts a ton of pressure on Teis — which we like.”
“We have 90 days in which to recover the company, to put it back on track. We have the appeal for this decision in 14 days. We have several ways of counteracting the decision of the DBA.”
The press wrote “det er slut” — it’s over. But the ruling itself grants 90 days for reinstatement and a 14-day appeal window. That is not “over.” That is a procedure. The press did not mention either deadline.
The Press Says: “Sent to the Grave”
Here is what I said:
“This is not a final decision at all. In 14 days, we can appeal.”
“It was one of the scenarios that was always on the table. That’s why we were present here. It was very important to be in person, not to create the image that we are hiding from anything.”
Børsen wrote that Shape Robotics is being “sent to the grave.” They failed to report that I — the CEO — flew to Denmark, walked into the courtroom, presented my passport to the judge, and explained the company’s assets for the record. You do not fly to Copenhagen to attend your own funeral. You fly to Copenhagen to fight.
The Press Says: “The Former Trustee Shuts Down the Company”
Here is what I said:
“Teis is back, but Teis is back now in a position that it’s called liquidator. And this liquidator is — it’s totally different from the curator. It’s a pre-insolvency procedure. It’s a procedure where a company can be reinstated with the will of the shareholders — which we already have.”
Finans wrote that the former trustee will “shut down the company.” But Danish company law is explicit: liquidation under Section 231 is not shutdown. It is a supervised procedure where genoptagelse — reinstatement — is a statutory right. The shareholders have already voted. The EGM passed on 14 April. The board was elected. The capital is committed. Finans did not mention genoptagelse. Not once.
The Press Says: “The Court Decided”
Here is what I said:
“The Trade Registry didn’t register correctly or in time the results of the EGM. So it’s grotesque, in my opinion, the whole setup.”
“We have submitted in time on the 14th after the EGM. We had the public EGM. We explained, of course, very professionally. We brought in the documents necessary to present that the EGM was in place and everything was in order.”
“Yes, it is the DBA’s fault not processing the documents.”
The court acted on a dissolution request filed by Erhvervsstyrelsen — a request based on deficiencies that had already been remedied before the request was filed. The EGM passed on 14 April. The remedy letter was delivered on 15 April under Sagsnummer #143927. The dissolution request was filed after. None of the three newspapers reported this timeline. None of them asked why a government agency filed for dissolution of a company that had already fixed the problem.
The Press Did Not Report: The Kromann Reumert Coincidence
Here is what I said:
“Just a couple of minutes before the meeting started, the lawyer team from Kromann Reumert joined the meeting — although they were not supposed to be part of the meeting.”
“She was appointing, of course, the two lawyers that were sitting in the background for an hour or so — as liquidators.”
“I think it’s a huge conflict of interest. It’s a mistake.”
“He didn’t even have the guts to come into court knowing that I would be there. He sent his minion there to be part of this meeting.”
Kromann Reumert — the firm whose partner Teis Gullitz-Wormslev served as bankruptcy trustee, the firm that has not returned a single document in 43 days, the firm named in our criminal complaint (reference 0100-83986-10362-26), the firm that filed one of the six bankruptcy petitions against the company — showed up two minutes before the hearing, uninvited. And walked out as the court-appointed liquidator.
The press treated this as a neutral appointment. It is not neutral. The same firm is simultaneously a petitioning creditor and the court-appointed administrator. Teis Gullitz-Wormslev did not attend. He sent his associates. Finans mentioned it in the headline but did not question it. Børsen did not question it. Ekstra Bladet did not question it.
What none of the three newspapers reported: The CEO was in the courtroom. The company presented EUR 10 million in IP assets to the judge. The EGM had already passed. The board was already elected. Genoptagelse was already filed. The dissolution was filed after the remedy. And the appointed liquidator has an active criminal complaint filed against his firm.
The Press Did Not Report: The Company Is Not Insolvent
Here is what I said:
“We cooperated with the court and we were prepared to showcase — and this is the most important aspect — to showcase the court that this is a company that is not insolvent.”
“The company has three categories of assets. Category number one is the intellectual property — Fable, Fable AI, everything that we own — evaluated around 10 million euros.”
“We explained the structure with Shape Robotics Romania and how there is right now this contamination that came from the subsidiaries to the mother company due to the fact that the bankruptcy ruling in Denmark defaulted several important credit facilities with Unicredit.”
I presented the company’s asset base to the court under oath. EUR 10 million in intellectual property. Equity in the Romanian subsidiary. Contractual value. The court registered all of this information. The press reported none of it. When you write an obituary, the patient’s vital signs are inconvenient.
The Press Did Not Report: Romania
Here is what I said:
“I’m the director in Romania, which is the center of business for the company. So Mr. Teis has to answer to my questions right now, even if he thinks that he’s the liquidator of the mother company — because right now I represent the creditors in Romania.”
This is the fact that no Danish journalist knows yet. The Romanian subsidiary is where the operational center sits. The subsidiary holds assets, employees, contracts, and the Unicredit credit facility. Under Romanian law, the subsidiary’s director represents the interests of creditors. The liquidator of the Danish parent has limited authority over the Romanian entity.
The balance of power is not what the headlines suggest.
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If you know a SHAPE shareholder who read today’s headlines and thinks it’s over — send them this. Three obituaries. Zero context. This is the context.
The Press Did Not Report: What I Told Their Reporter
Here is what I said:
“The guy at the newspaper, he was a nice guy, very polite. He said: ‘Please don’t laugh — this is a bad decision.’ I said: for whom? For Teis, it is. For me, it’s absolutely part of a setup that we knew about.”
“When we exited the court, we had the impression we were going to get arrested or something, because there was paparazzi taking pictures of me and Alex, running around us taking pictures. We were expecting a handcuff show.”
“I asked: what is the big interest surrounding this company? We have proven that it was the victim of a pump, and now the system is trying to put these things in order.”
The press sent reporters and photographers. They ran around us taking pictures. Then they went back to their desks and wrote obituaries that omitted every fact I presented to the court and every word I said to them outside it.
What Liquidation Actually Means — Since the Press Will Not Explain It
Liquidation≠BankruptcyLiquidation=Bankruptcy
This equation is the one thing every shareholder needs to understand, and the one thing every headline obscured.
Liquidation (likvidation) under the Danish Companies Act is a pre-insolvency procedure. The court appoints a liquidator to supervise the resolution of the company’s affairs. The company can be reinstated under genoptagelse (Sections 231–232 of the Selskabsloven) if the deficiency that triggered the dissolution is remedied.
The deficiency was remedied before the dissolution was filed.
What the press wroteWhat the law says”It’s over” (Ekstra Bladet)90-day reinstatement window under ”Sent to the grave” (Børsen)14-day appeal window; first-instance decision only”Shut down the company” (Finans)Liquidator’s mandate includes reinstatementNo mention of assets EUR 10M IP presented to courtNo mention of EGMBoard elected 14 April, 100% in favourNo mention of capitalEUR 16M committedNo mention of conflict of interestLiquidator’s firm has active criminal complaint
“Imagine if that had happened before the EGM — then this was the end of Shape. Now it’s just stupid what they’re doing.”
The Scoreboard After 43 Days
MilestoneStatusHigh Court annulment✓ 5 MarchEGM passed✓ 14 AprilBoard elected✓ Nețin, Okkola, Ambrozie — 100%EUR 16M committed✓ Alumni Capital + othersCriminal complaint filed✓ 0100-83986-10362-26DFSA reprimand issued✓ 7 AprilCompany Announcements✓ 13 publishedNasdaq response✓ 47 pages deliveredGenoptagelse filed✓ 15 AprilLiquidation ordered← 17 AprilAppeal window14 daysBankruptcy petitions hearing20 May — six petitionsGenoptagelse window90 days
Three newspapers say it is over. The law says we have 90 days. I choose the law.
For the 4,800
I know what you read today. I know you read “graven” — the grave. I know Ekstra Bladet told you “det er slut.” I know Finans told you the trustee is back to shut it down.
Here is what they did not tell you.
Your CEO was in the courtroom. I showed the judge my passport. I presented EUR 10 million in assets. I answered every question. I accepted service for the bankruptcy petitions — in person, not by mail, not through a lawyer’s letter. I stood in front of a Danish court and said: this company is not insolvent.
Then I walked out, got in a car to the airport, opened a livestream, and told you everything within the hour. Every word. No filter. No press office. No corporate statement drafted by a PR firm.
The press did not do that. The press published the same headline three times from three desks and did not include a single fact that contradicts the narrative they chose before the hearing started.
This is not the grave. This is the courtroom. And the courtroom gave us 90 days and an appeal.
“I’m so excited about what’s going to happen next week that everybody will fall from their chairs.”
What Happens Next
This weekend: Strategic session with the board and legal team. We cannot share what we decided with Alex today. It will be unveiled next week.
14-day appeal window: Evaluating all instruments at our disposal.
Next week: Surprises.
20 May: Six bankruptcy petitions hearing. We will be there.
23 April: Nasdaq counter-deadline. 6 days.
The Documents
Børsen: “Retten har talt: Shape Robotics sendes mod graven” — borsen.dk, 17 April 2026
Finans: “Tidligere Shape Robotics-kurator skal lukke selskabet” — finans.dk, 17 April 2026
Ekstra Bladet: “Det er slut: Shape Robotics skal afvikles” — ekstrabladet.dk, 17 April 2026
Court case: SK-524/2026-SHR — Sø- og Handelsretten, 17 April 2026
Company Announcement No. 13-26 — published on Cision
Community livestream: Recorded live from Copenhagen Airport, 17 April 2026 — [watch above]
The Full Investigation
Day 39: The Genoptagelse — Nasdaq confirms the only obstacle. We had already removed it.
Day 38: The Resurrection — EGM passes, Phase Education is born
Live EGM — Video + Company Announcement — The full 42-minute live stream
Day 37: 18 Questions — The interrogation before the vote
Day 34: The Regulator Agrees — DFSA confirms market abuse
Start Here — The Wild CEO Story — New to this? Begin with the data.
wildceo.live — The full investigation site: every document, every filing, every receipt
The press wrote three obituaries today. What do they know that the law doesn’t? I want to hear from you.
GAME OVER | Day 40 — Subscribe at substack.wildceo.live for real-time updates. Join the community chat for daily discussions.
Shape Robotics A/S | CVR DK38322656 | Nasdaq: SHAPE | ISIN: DK0061273125
Mark-Robert Abraham, Founder and CEO — Phase Education A/S
April 17, 2026. Day 40. In Court.
