In a statement published on its website(link is external), Hövding said that the reason behind its decision to file for bankruptcy yesterday in the Malmo district court was “that on November 1, 2023, the Swedish Consumer Agency imposed a temporary sales freeze on the company and then on December 15, 2023 announced a permanent sales freeze and recall for the product Hövding 3.”
The company said that it “does not share the Consumer Agency’s conclusion and has appealed the decision,” and yesterday it won an appeal at the Administrative Court that overturned the ban on sales and product recall, meaning that the product can still be sold.