Home alarm company Sensor Alarm will continue to evaluate strategic options, which could include a sale, merger or reverse acquisition. The company made the announcement after Norrlands Online unexpectedly pulled out of the reverse acquisition it had discussed, according to a press release.

"It is a sad situation that Sensor Alarm has ended up in and the solution we worked out would have been good for the company and the shareholders. Now we have to take new steps, Sensor Alarm has in principle a positive cash flow but is struggling with old debts that need to be settled," says board member Roberth Risberg.

As part of this work, the company will get a new CEO as Jonas Liedberg left on August 30, whereupon the current CEO of Norrlands Online was to take over, but which did not happen.

Sensor Alarm writes that it will not make any further announcements regarding the evaluation of strategic alternatives unless and until final decisions are made by the company's Board of Directors.

The purpose of the evaluation is to maximize shareholder value.