Brief: Squirrel Media Formalises Acquisition Of Pretopay
21/08/2025 07:09
Aug 21 (Reuters) - Squirrel Media SA SQRL.MC: FORMALISES ACQUISITION OF U.S.-BASED TECHNOLOGY COMPANY PRETOPAY SALE INCLUDES ADDITIONAL TECHNOLOGICAL ASSETS AND CONTENT AND INFLUENCER RIGHTS WILL FINANCE THESE ACQUISITIONS THROUGH SHARE-BASED PAYMENT (SHARES TO BE DELIVERED AS CONSIDERATION FOR PURCHASE), VALUED AT 3.20 EUROS PER SHARE TO PROPOSE CAPITAL INCREASE WITH EXCLUSION OF PRE-EMPTIVE SUBSCRIPTION RIGHTS, FOR ISSUANCE OF 2.7 MILLION NEW SHARES FOLLOWING TRANSACTION, CO'S SHARE CAPITAL WILL INCREASE TO TOTAL OF 96.0 MILLION SHARES Source text: nCNM5hlq4J Further company coverage: SQRL.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))