Redeye initiates coverage of Anoto (to be renamed INQ Group AB), a Swedish digital writing pioneer rebranding its product line as inq. Despite three decades of failing to turn its patented technology into a profitable business, fresh leadership, a confirmed first purchase order from premium German pen-maker LAMY, and a newly reopened EdTech channel suggest this turnaround carries more substance than the company's prior nine lives. We see a wide payoff profile: the risk is real, but if even one initiative lands, the upside case becomes compelling.

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