Brief: Snark BidCo Completes Offer To Sleep Cycle Shareholders

Sleep Cycle AB (publ)

03/07/2026 10:57

July 3 (Reuters) - Altor:
SNARK BIDCO ANNOUNCES OUTCOME AND COMPLETES OFFER TO SLEEP CYCLE SHAREHOLDERS
SNARK BIDCO BECOMES OWNER OF 78.2% OF SLEEP CYCLE SHARES
OFFER IS DECLARED UNCONDITIONAL AND SNARK BIDCO WILL THUS ACQUIRE ALL SHARES IN SLEEP CYCLE THAT HAVE BEEN TENDERED IN THE OFFER
SNARK BIDCO RECEIVES 74.5% ACCEPTANCES IN SLEEP CYCLE OFFER
ACCEPTANCE PERIOD FOR OFFER IS EXTENDED UP TO AND INCLUDING JULY 17, 2026
SNARK BIDCO CONTINUES TO STRIVE TO ACQUIRE SHARES REPRESENTING MORE THAN 90% OF THE TOTAL NUMBER OF SHARES IN SLEEP CYCLE
Source text
Further company coverage: SLEEP.ST

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