Brief: AATECH Signs Reverse Take-Over Deal To Buy Business Innovation Lab

Aatech SpA Sb

15/07/2025 06:23

July 15 (Reuters) - AATECH SpA AAT.MI:

SAID ON MONDAY SIGNED REVERSE TAKE-OVER PROCEDURE TO BUY 100% OF BUSINESS INNOVATION LAB

TOTAL CONSIDERATION EUR 20 MLN

€17.842.000 (89.2% OF CONSIDERATION) IN CASH

€2,169,000 (10.8% OF CONSIDERATION) PAID THROUGH ALLOCATION OF AATECH ORDINARY SHARES, AATECH WARRANTS 2023-2026 (THE "WARRANTS") OF NEW ISSUE

BUSINESS INNOVATION LAB ACTIVE IN LENDING-AS-A-SERVICE, BUY-NOW-PAY-LATER, CREDIT AI SECTORS IN ITALY

 Further company coverage: AAT.MI

 (Gdansk Newsroom)

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