お知らせ • May 20
Omnione S.A. cancelled the acquisition of Sileon AB (publ) (OM:SILEON) from Rieber & Søn As and others in a reverse merger transaction. Omnione S.A. proposed to acquire Sileon AB (publ) (OM:SILEON) from Rieber & Søn As and others in a reverse merger transaction on March 28, 2025. Omnione S.A. signed a letter of intent to acquire Sileon AB (publ) from Rieber & Søn As and others in a reverse merger transaction on March 31, 2025. The letter of intent suggests that Sileon acquires Omnio and issues new shares to Omnio's shareholders, entailing that Omnio's shareholders will own approximately 95 percent of the new outstanding shares after such a transaction. In connection to the RTO, sileon intends to issue warrants, free of charge, to its existing shareholders. The indicative terms states that the warrants will have a duration of 4 years and a strike price of SEK 20 per new share. In order to fund Sileon's operations until the RTO has been completed, Sileon and the Company’s largest shareholder, Rieber & Søn AS, intend to enter into a convertible loan agreement of approximately SEK 10 million (the “Convertible Loan”). The Convertible Loan is intended to mature on November 15, 2025 and have a conversion price of SEK 15 per share. DDM to undertake due diligence for the RTO. If a merger agreement is not entered into by May 5, 2025, the LOI will terminate. Fulfillment of the transaction, and final terms for the Transactions, is contingent on binding merger agreement is entered into and will be subject to a number of conditions, including approval of an extraordinary general meeting in Sileon and approval from Nasdaq Stockholm. Assuming that a merger agreement is entered into, The transaction is expected to close during the second quarter of 2025.
As of May 5, 2025. Sileon AB announced an extension of the Letter of Intent for a reverse takeover transaction with Omnione SA. The LOI's term and exclusivity have been extended until June 16, 2025, while all other terms and conditions of the transaction remain unchanged as per Letter of Intent dated March 31, 2025.
Omnione S.A. cancelled the acquisition of Sileon AB (publ) (OM:SILEON) from Rieber & Søn As and others in a reverse merger transaction on May 18, 2025. お知らせ • May 09
Sileon AB (publ), Annual General Meeting, Jun 10, 2025 Sileon AB (publ), Annual General Meeting, Jun 10, 2025, at 14:00 W. Europe Standard Time. Location: at the company`s premises in, munchenbryggeriet, soder malarstrand 45, floor 9, stockholm Sweden お知らせ • Mar 31
Omnione S.A. proposed to acquire Sileon AB (publ) (OM:SILEON) from Rieber & Søn As and others in a reverse merger transaction. Omnione S.A. proposed to acquire Sileon AB (publ) (OM:SILEON) from Rieber & Søn As and others in a reverse merger transaction on March 28, 2025. Parties signed a Letter of Intent on March 31, 2025. The LOI suggests that Sileon acquires Omnio and issues new shares to Omnio's shareholders, entailing that Omnio's shareholders will own approximately 95 percent of the new outstanding shares after such a transaction. In connection to the rto, sileon intends to issue warrants, free of charge, to its existing shareholders. the indicative terms states that the warrants will have a duration of 4 years and a strike price of SEK 20.0 per new share. In order to fund Sileon's operations until the RTO has been completed, Sileon and the Company’s largest shareholder, Rieber & Søn AS, intend to enter into a convertible loan agreement of approximately SEK 10 million (the “Convertible Loan”). The Convertible Loan is intended to mature on November 15, 2025 and have a conversion price of SEK 15.0 per share. DDM to undertake due diligence for the RTO. If a merger agreement is not entered into by May 5, 2025, the LOI will terminate. Fulfillment of the transaction, and final terms for the Transactions, is contingent on binding merger agreement is entered into and will be subject to a number of conditions, including approval of an extraordinary general meeting in Sileon and approval from Nasdaq Stockholm. Assuming that a merger agreement is entered into, the ambition is to complete the Transactions during the second quarter of 2025. New Risk • Nov 11
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: kr54m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr43m free cash flow). Share price has been highly volatile over the past 3 months (6,123% average daily change). Shareholders have been substantially diluted in the past year (225% increase in shares outstanding). Market cap is less than US$10m (€3.36m market cap, or US$3.58m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr42m net loss in 2 years). Revenue is less than US$5m (kr54m revenue, or US$5.0m). New Risk • Nov 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr43m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr43m free cash flow). Share price has been highly volatile over the past 3 months (6,122% average daily change). Shareholders have been substantially diluted in the past year (225% increase in shares outstanding). Market cap is less than US$10m (€3.18m market cap, or US$3.41m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr42m net loss in 2 years). Reported Earnings • Nov 09
Third quarter 2024 earnings released: kr0.17 loss per share (vs kr0.43 loss in 3Q 2023) Third quarter 2024 results: kr0.17 loss per share. Revenue: kr9.77m (down 31% from 3Q 2023). Net loss: kr18.9m (loss widened 31% from 3Q 2023). Revenue is expected to decline by 45% p.a. on average during the next 3 years, while revenues in the Software industry in Germany are expected to grow by 11%. 
