The EGM Is Not a Meeting. It Is a Weapon.
April 14, 2026. The day 4,800 shareholders decide whether the people who tried to destroy this company face consequences or walk away clean.
There is a reason the other side does not want this EGM to happen.
If the Extraordinary General Meeting of Shape Robotics AS reaches quorum on April 14, every single person who participated in the destruction of this company — the former board, the trustee, the analyst, the law firm, the bank — enters a legal arena they cannot control.
If it does not reach quorum, they get exactly what they have been working toward since January: time. More time to delay. More time to let the company bleed. More time to hope that one man, fighting alone from Romania with frozen bank accounts and stolen documents, eventually runs out of air.
That is the calculation. That is the bet they are making against you.
This EGM exists to break that bet.
What They Did
Let me be precise, because precision is what separates a claim from a complaint and a complaint from a conviction.
In November 2023, the board of Shape Robotics — under Chairman Jeppe Frandsen and CEO André Fehrn — uplisted the company to Nasdaq Copenhagen Main Market. They did not check whether moving to the Main Market would trigger the cancellation of EIFO’s loan guarantees. It did. Finland’s Finnvera, operating under the exact same EU framework, approved continued financing for our subsidiary Sanako Oy after the uplisting. The loss was not inevitable. It was negligent. The people who made that decision were paid to know better, and they did not.
In March 2024, Lars Topholm — Head of Research at Carnegie Investment Bank — published analysis projecting three to four times upside on the SHAPE stock. He held 3,500 shares and did not disclose them. Between April 24 and June 4, his network sold: Martin Bundgaard, his self-described best friend, moved 318,331 shares. Søren Bendixen moved approximately 70,000 through Fredericiagade Holding ApS. Sundvænget moved approximately 140,000. Total: roughly 532,000 shares. Approximately DKK 21 million extracted at 42–45 DKK per share. Carnegie withdrew from helping Shape exactly two days after the last connected investor finished selling. A DKK 35 million capital raise followed at DKK 35 per share. The stock fell 79 percent. DKK 205 million in shareholder value was destroyed.
On January 6, 2026, a Danish bankruptcy court declared this company insolvent. The petition was served to the private digital mailbox of a former board member eight days after she resigned — not to the company’s registered address. The CEO was not notified. No one from Shape Robotics was present at the hearing.
The trustee appointed was Teis Gullitz-Wormslev, a partner at Kromann Reumert — the same law firm representing the creditors who filed the petition. And Kromann Reumert is Carnegie’s go-to law firm. The same firm that represents the investment bank whose analyst held undisclosed shares is the same firm whose partner was designated as trustee.
DocuSign Envelope ID 1BFCABD2-4DFF-45D8-BAA3-853A918A548E shows Albert Mungo Madsen created the appointment document on November 28, 2025 — thirty-nine days before any court appointed him. Gullitz-Wormslev viewed it six minutes later. This is not a coincidence. This is a system protecting itself.
In fifty-nine days of control, the trustee cancelled the EGM that would have activated EUR 15 million in IRIS Capital financing. He wrote DKK 199 million in subsidiary assets down to zero. He destroyed Sanako Oy — acquired for EUR 9 million, serving 50,000 classrooms in 114 countries — by pushing it into bankruptcy in Finland in twenty days. He failed to respond to the Romanian authorities, causing the permanent loss of a EUR 24 million government education grant. He made zero Nasdaq market disclosures for a Main Market listed company in fifty-nine days. He deposited DKK 3,722,813.18 of company funds into an unauthorized Nordea escrow account after his own mandate was annulled by the High Court — and refuses to return it.
Three judges looked at this. Three judges ruled unanimously. The bankruptcy was unlawful.
That ruling gave us back the company. The EGM gives us back the power to hold every one of these actors accountable.
What the EGM Does
The agenda has ten items. Forget the numbers. Here is what they mean.
We build a fighting board. Aurel Nețin stays — the man who invested DKK 1.25 million of his own money and refused to leave when everyone else did. Kim Okkola joins — Finnish connections, strategic for recovering Sanako and the EUR 40 million Bechtle framework that was destroyed. Alexandru Ambrozie joins — a Romanian litigation lawyer who reads corporate documents the way soldiers read terrain. This is not a governance exercise. This is a command structure for a legal war across four jurisdictions.
We unlock the money. IRIS Capital — a French investment company — signed a Letter of Intent for EUR 15 million in equity line financing. The money is ready. It has been ready since March 12. It cannot activate because Nasdaq suspended trading on a legal basis the company has proven, with twenty-nine pages and fifteen exhibits, does not exist. The EGM authorizes the share issuance that lets IRIS deploy the moment Nasdaq lifts the suspension. Without this vote, EUR 15 million sits frozen while the company fights with borrowed euros and personal guarantees.
We fix the structure. The old accounting was, and I will use the exact word I used on the livestream, absolutely stupid. Every Romanian invoice consolidated as a Danish transaction. Every auditor who touched it should have flagged it. We move to IFRS 10 equity-based consolidation through a holding company structure. Simpler. Cheaper. Correct. The company becomes Phase Education AS — not because the name matters more than the mission, but because the mission deserves a name that was not dragged through a bankruptcy it did not deserve.
We go after them. This is the part the other side fears. Two separate authorizations — one to pursue claims against the former board for the EIFO catastrophe, one to pursue claims against Carnegie Investment Bank and its officers for the pump-and-dump. These are not symbolic votes. They are legal mandates. The moment shareholders approve them, the company’s lawyers can file. The evidence is assembled. The complaints are drafted. The jurisdictions are identified. Denmark. Romania. Finland. The EU. What is missing is the shareholder mandate to pull the trigger. That is what April 14 is.
What Happens If You Do Not Vote
I need to be direct about this because the consequences are not theoretical.
If this EGM fails quorum, we cannot elect a board. If we cannot elect a board, we cannot appoint an auditor. If we cannot appoint an auditor, Nasdaq has another reason to keep trading suspended. If trading stays suspended, IRIS cannot deploy. If IRIS cannot deploy, we fund reconstruction with bridge loans at twelve percent interest while the former trustee sits on DKK 3.7 million of our money and the former board sleeps soundly knowing nobody has the legal mandate to come after them.
That is the chain. Every link depends on April 14.
The people who benefit from a failed EGM are not the shareholders. They are the people who destroyed EUR 100 million in value and have not yet been asked to answer for it.
A failed quorum is not neutral. A failed quorum is a gift to the other side — months of delay, months of silence, months during which the evidence grows older and the appetite for accountability fades.
I am not going to let that happen. But I cannot do it alone. I need your vote.
How They Lose
The architecture is already built. Criminal complaints filed in Denmark and Romania. A EUR 13,853,000 defamation lawsuit against Finans.dk. Formal objections to Nasdaq with copies to ESMA and the Danish FSA. Bailiff court proceedings to recover company property. The EIFO settlement offer — decent terms, an open door, expiring Good Friday.
What the EGM adds is the corporate mandate. Right now I fight as CEO. After April 14, the company fights as a company — with a board, with an auditor, with legal standing across every jurisdiction, with EUR 15 million in committed capital, and with the explicit authorization of its shareholders to pursue every claim against every actor who participated in the destruction.
That is how they lose. Not in one dramatic moment, but through the slow, systematic, documented application of law to evidence. Courts do not care about narratives. Courts care about documents. And the documents, as I have shown you over twenty-two days and counting, are devastating.
Register Now
You need your VP deposit account number. It is in your eBoks — the letters from VP Securities. If you cannot find it, call your broker. Registration takes minutes. The EGM is fully electronic. You can vote from anywhere.
The first vote has already been cast. kloun — 1,000 shares, green on every item. He posted the instructions on the Nordnet forum before most of you were awake.
The second vote is yours.
April 14, 2026. 2:0 0PM CEST. Fully electronic.
The company they tried to bury is the one doing the burying.
Q.E.D.
Wild CEO is published daily by Mark Abraham, CEO & Sole Director of Shape Robotics AS (Nasdaq Copenhagen: SHAPE). Every document referenced is part of the formal legal record. The full archive is at wildceo.live.