Brief: NanoCap Signs LOI With OptiMobile To Divest Stake In Pixelfox

NanoCap AB (publ)

19/04/2023 06:54

April 19 (Reuters) - NanoCap Group AB (publ)
 NANOCb.ST :
    * SAID ON TUESDAY: ENTERS LOI TO DIVEST CO'S STAKE IN IRON
BRANCH
PVC, WHICH OPERATES SHOPIFY SOLUTION PIXELFOX, TO OPTIMOBILE 
    * CO STAKE AMOUNTS TO 12% OF COMPANY
    * INDICATED PURCHASE PRICE FOR CO'S STAKE AMOUNTS TO ABOUT
SEK 1.9
MILLION
    * PURCHASE PRICE TO BE PAID THROUGH 2,616,000 NEWLY ISSUED
SHARES
IN OPTIMOBILE AT PRICE OF SEK 0.10 PER SHARE, PROMISSORY NOTE OF
SEK 1,658,400 UPON TRANSACTION COMPLETION 
    * POTENTIAL TRANSACTION WILL NOT HAVE MATERIAL FINANCIAL
IMPACT
FOR CO

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr70mnqL
 Further company coverage:  NANOCb.ST  

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