Brief: Shape Robotics: Acquisition Finalized, Raising Guidance For 2022

Shape Robotics A/S

09/09/2022 08:45

Sept 9 (Reuters) - Shape Robotics A/S  SHAPE.CO :
    * ACQUISITION OF VIDEO TECHNIC SYSTEMS FINALIZED - RAISING
GUIDANCE FOR 2022
    * HAS SIGNED DEFINITIVE AGREEMENT TO ACQUIRE ALL SHARES IN
VIDEO
TECHNIC SYSTEMS, ARE RAISING REVENUE GUIDANCE FROM DKK 75-85 M
TO DKK 81-93 M
    * PURCHASE PRICE AMOUNTS TO APPROXIMATELY DKK 9.6 M AND WILL
BE
FULLY PAID BY DELIVERY OF NEW SHARES IN SHAPE ROBOTICS A/S
ISSUED AT A PRICE OF 18 KR. PR. SHARE
    * SHARE CAPITAL IN SHAPE ROBOTICS WILL BE INCREASED WITH
535,250
SHARES
    * SHAPE ROBOTICS HAS HIGH REVENUE GROWTH AND EXPECTS DKK
18-22 M
IN Q3 AND DKK 47-55 M IN Q4
    * COMPANY MAINTAINS EBITDA GUIDANCE OF DKK +2 TO +4 M IN 2ND
HALF
OF 2022 AND DKK -2 TO +2 M FOR WHOLE FINANCIAL YEAR 2022

Source text for Eikon:  ID:nWkr9pJxPp 
Further company coverage:  SHAPE.CO 

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