Aankondiging • Jul 03
SpectrumOne AB (publ) has announced a Derivatives Offering in the amount of SEK 0.517776 million. SpectrumOne AB (publ) has announced a Derivatives Offering in the amount of SEK 0.517776 million.
Security Name: Warrants TO5
Security Type: Equity Warrant
Securities Offered: 207,110,452
Price\Range: SEK 0.0025
Transaction Features: Rights Offering Aankondiging • Jun 26
SpectrumOne AB Elects Lennart Gillberg as New Board Member Spectrumone AB at its Annual General Meeting held on June 25, 2026, approved Lennart Gillberg was elected as a new board member. Aankondiging • May 28
SpectrumOne AB (publ), Annual General Meeting, Jun 25, 2026 SpectrumOne AB (publ), Annual General Meeting, Jun 25, 2026, at 13:00 W. Europe Standard Time. Location: vasagatan 12, 8th floor, stockholm., stockholm Sweden New Risk • May 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (kr5.5m revenue, or US$588k). Market cap is less than US$10m (kr83.1m market cap, or US$8.93m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • May 26
First quarter 2026 earnings released: kr0.12 loss per share (vs kr0.024 loss in 1Q 2025) First quarter 2026 results: kr0.12 loss per share (further deteriorated from kr0.024 loss in 1Q 2025). Revenue: kr393.0k (down 81% from 1Q 2025). Net loss: kr46.2m (loss widened 407% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Feb 22
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: kr7.2m (US$792k) This is considered a major 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 Revenue is less than US$1m (kr7.2m revenue, or US$792k). Market cap is less than US$10m (kr59.3m market cap, or US$6.55m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Feb 22
Full year 2025 earnings released: kr0.087 loss per share (vs kr0.37 profit in FY 2024) Full year 2025 results: kr0.087 loss per share (down from kr0.37 profit in FY 2024). Net loss: kr32.5m (down 124% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Feb 21
Eva and Mats Qviberg acquired 11.7% stake in Eniro Group AB (publ) (OM:ENRO) from SpectrumOne AB (publ) (OM:SPEONE) for SEK 40.6 million. Eva and Mats Qviberg acquired 11.7% stake in Eniro Group AB (publ) (OM:ENRO) from SpectrumOne AB (publ) (OM:SPEONE) for SEK 40.6 million on February 20, 2026.
Eva and Mats Qviberg completed the acquisition of 11.7% stake in Eniro Group AB (publ) (OM:ENRO) from SpectrumOne AB (publ) (OM:SPEONE) on February 20, 2026. New Risk • Jan 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Market cap is less than US$10m (kr70.7m market cap, or US$7.71m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (kr9.7m revenue, or US$1.1m). New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 93% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr63.6m market cap, or US$6.68m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (kr9.6m revenue, or US$1.0m). Reported Earnings • Nov 09
Third quarter 2025 earnings released: kr0.026 loss per share (vs kr0.025 loss in 3Q 2024) Third quarter 2025 results: kr0.026 loss per share (further deteriorated from kr0.025 loss in 3Q 2024). Net loss: kr9.80m (loss widened 5.0% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Aankondiging • Nov 08
SpectrumOne AB (publ) to Report Q4, 2025 Results on Feb 20, 2026 SpectrumOne AB (publ) announced that they will report Q4, 2025 results on Feb 20, 2026 Reported Earnings • Aug 17
Second quarter 2025 earnings released: kr0.022 loss per share (vs kr0.25 profit in 2Q 2024) Second quarter 2025 results: kr0.022 loss per share (down from kr0.25 profit in 2Q 2024). Net loss: kr8.15m (down 109% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Aankondiging • May 19
SpectrumOne AB (publ), Annual General Meeting, Jun 17, 2025 SpectrumOne AB (publ), Annual General Meeting, Jun 17, 2025, at 13:00 W. Europe Standard Time. Location: vasagatan 10, 4th floor, stockholm Sweden Aankondiging • May 17
SpectrumOne AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 13.097732 million. SpectrumOne AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 13.097732 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 46,777,613
Price\Range: SEK 0.28
Transaction Features: Rights Offering Reported Earnings • May 02
First quarter 2025 earnings released: kr0.024 loss per share (vs kr0.025 loss in 1Q 2024) First quarter 2025 results: kr0.024 loss per share (improved from kr0.025 loss in 1Q 2024). Net loss: kr9.11m (loss narrowed 3.6% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (129% accrual ratio). Market cap is less than US$10m (kr81.2m market cap, or US$8.10m). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$5m (kr14m revenue, or US$1.4m). Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: kr0.17 (vs kr0.26 loss in FY 2023) Full year 2024 results: EPS: kr0.17 (up from kr0.26 loss in FY 2023). Net income: kr65.3m (up kr162.0m from FY 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Nov 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr107.8m (US$9.74m) This is considered a major risk. Companies with a small market capitalization 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 High level of non-cash earnings (157% accrual ratio). Market cap is less than US$10m (kr107.8m market cap, or US$9.74m). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (kr16m revenue, or US$1.4m). Reported Earnings • Nov 12
Third quarter 2024 earnings released: kr0.025 loss per share (vs kr0.049 loss in 3Q 2023) Third quarter 2024 results: kr0.025 loss per share (improved from kr0.049 loss in 3Q 2023). Net loss: kr9.33m (loss narrowed 49% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: kr0.25 (vs kr0.085 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.25 (up from kr0.085 loss in 2Q 2023). Net income: kr94.6m (up kr126.4m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Aankondiging • Jun 13
Spectrumone AB (Publ) Announces Örjan Berglund Declined Re-Election as Director SpectrumOne AB (publ) announced at the AGM held on June 12, 2024, approved Örjan Berglund declined re-election as director. Aankondiging • May 15
The Management of Bizwell Sweden agreed to acquire Bizwell Sweden AB from SpectrumOne AB (publ) (OM:SPEONE) in a management buyout transaction for SEK 0.05 million. The Management of Bizwell Sweden agreed to acquire Bizwell Sweden AB from SpectrumOne AB (publ) (OM:SPEONE) in a management buyout transaction for SEK 0.05 million on May 13, 2024. The turnover of Bizwell Sweden AB amounted to SEK 0.9 million last year. The transaction is subject to shareholders’ approval in accordance with the Swedish Companies Act. Reported Earnings • Apr 28
First quarter 2024 earnings released: kr0.025 loss per share (vs kr0.085 loss in 1Q 2023) First quarter 2024 results: kr0.025 loss per share (improved from kr0.085 loss in 1Q 2023). Revenue: kr5.09m (down 58% from 1Q 2023). Net loss: kr9.45m (loss narrowed 70% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 29
Full year 2023 earnings released: kr0.26 loss per share (vs kr0.22 loss in FY 2022) Full year 2023 results: kr0.26 loss per share (further deteriorated from kr0.22 loss in FY 2022). Revenue: kr27.2m (down 65% from FY 2022). Net loss: kr97.0m (loss widened 18% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 51% per year, which means it is performing significantly worse than earnings. Aankondiging • Jan 17
SpectrumOne AB Announces Chief Executive Officer Changes The Board of SpectrumOne AB announced the appointment of Stephen Karl Ranson as the new Chief Executive Officer, effective immediately. With over twenty years of experience in the tech sector, Mr. Ranson brings a wealth of expertise to this role, particularly in the realms of data visualization and analysis. Stephen Karl Ranson, the founder and CEO of Cloud Explorers AS, SpectrumOne's Norwegian subsidiary, has been leading innovative projects and driving substantial growth. His strategic vision and technical prowess have consistently resulted in breakthroughs that have set industry benchmarks. Under Mr. Ranson's leadership, SpectrumOne is poised to explore new horizons and cement its position as a frontrunner in the data visualization and analysis industry. His unique blend of technical insight and business acumen aligns seamlessly with the company's strategic objectives. While the company embark on this exciting new chapter, SpectrumOne extends its gratitude to Kenneth Dalquist Valbøll for his tenure as CEO since October 2022. Reported Earnings • Nov 12
Third quarter 2023 earnings released: kr0.049 loss per share (vs kr0.019 loss in 3Q 2022) Third quarter 2023 results: kr0.049 loss per share (further deteriorated from kr0.019 loss in 3Q 2022). Revenue: kr4.41m (down 74% from 3Q 2022). Net loss: kr18.2m (loss widened 156% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. Aankondiging • Nov 11
SpectrumOne AB (publ) to Report Q4, 2023 Results on Feb 28, 2024 SpectrumOne AB (publ) announced that they will report Q4, 2023 results on Feb 28, 2024 Reported Earnings • Aug 31
Second quarter 2023 earnings released: kr0.085 loss per share (vs kr0.052 loss in 2Q 2022) Second quarter 2023 results: kr0.085 loss per share (further deteriorated from kr0.052 loss in 2Q 2022). Revenue: kr5.16m (down 76% from 2Q 2022). Net loss: kr31.8m (loss widened 64% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Aankondiging • Jun 30
SpectrumOne AB (publ) Announces Board Changes SpectrumOne AB (publ) announced that at its AGM held on June 29, 2023, shareholders approved the appointment of Örjan Berglund as new member of the Board, replacing Siv Selva. Reported Earnings • May 07
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr12.3m (down 49% from 1Q 2022). Net loss: kr31.8m (loss widened 16% from 1Q 2022). Reported Earnings • Mar 05
Full year 2022 earnings released: kr0.22 loss per share (vs kr0.32 loss in FY 2021) Full year 2022 results: kr0.22 loss per share (improved from kr0.32 loss in FY 2021). Revenue: kr82.2m (up 34% from FY 2021). Net loss: kr82.5m (loss narrowed 47% from FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Cecilia Hjertzell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: kr0.019 loss per share (vs kr0.065 loss in 3Q 2021) Third quarter 2022 results: kr0.019 loss per share (improved from kr0.065 loss in 3Q 2021). Revenue: kr16.9m (up 4.2% from 3Q 2021). Net loss: kr7.11m (loss narrowed 60% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 19
Second quarter 2022 earnings released: kr0.052 loss per share (vs kr0.085 loss in 2Q 2021) Second quarter 2022 results: kr0.052 loss per share (up from kr0.085 loss in 2Q 2021). Revenue: kr22.0m (up 56% from 2Q 2021). Net loss: kr19.4m (loss narrowed 16% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Cecilia Hjertzell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • May 05
Spectrumone AB Appoints Johan Holmberg as Interim CEO SpectrumOne AB (publ) announced that the Board of has appointed Johan Holmberg, the Company’s COO, as interim CEO with immediate effect due to current CEO Hosni Teque-Omeirat's appointment as interim CEO of Eniro Group AB. Hosni Teque-Omeirat will remain member of the Board in SpectrumOne AB. Johan Holmberg has been COO of the company since beginning 2022. He is an experienced business driven executive manager who is passionate about creating well-functioning, profitable organizations with committed employees. Johan has extensive experience of change management and turn around cases, leading both large and small organizations and starting and developing business. His expert areas are in business development, project portfolio management and digitalization. Johan has in former positions been in charge of organizations larger than 400 employees and a turnover exceeding 900 MSEK. Aankondiging • Sep 07
SpectrumOne AB (publ) (OM:SPEONE) acquired Observit AB for enterprise value of SEK 60 million. SpectrumOne AB (publ) (OM:SPEONE) acquired Observit AB for enterprise value of SEK 60 million on September 6, 2021. Observit will be merged with SpectrumOne AB (publ) (OM:SPEONE) business Trafikportalen becoming one company.
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of Observit AB on September 6, 2021. Aankondiging • May 04
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of Amplio Ab. SpectrumOne AB (publ) (OM:SPEONE) signed a share purchase agreement to acquire Amplio Ab for SEK 10 million on April 26, 2021. Under the share purchase agreement Spectrumone AB will acquire 100% of the shares in Ampilio AB from the existing owners for a total purchase price of SEK 10 million. The purchase price will be settled by SEK 8 million in cash and SEK 2 million in shares by setting off a sales credit of the same amount in SpectrumOne at a subscription price of SEK 2.11 per share. The subscription price has been calculated using the average price for the last 20 days of trade of SpectrumOne’s stock on Nasdaq First North Growth Market. The cash part of the purchase price will be settled in two instalments. The first instalment amounting to SEK 5 million is to be settled on the closing of the transaction together with the share consideration on closing date April 30, 2021, while the second instalment will be settled on or before April 30, 2022. The shares to be issued as consideration are subject to a lock up clause for a period of 24 months. Ampilio will be merged with The Trigger Company AB and BizWell Sweden AB, becoming one company and making the foundation of the marketing part of the group. The new Company will be named Ampilio and led by the CEO Peter Bergdahl. Ampilio is an innovative and highly business oriented digital media agency with offices in Västerås and Örebro. Peter Bergdahl, Chief Executive Officer of Ampilio and Simon Ekberg who will both be joining SpectrumOne. For the year ended 2020, Ampilio reported a revenue of SEK 12 million. The acquisition is conditional upon customary closing conditions and legal due diligence. Closing is expected to take place on April 30, 2021.
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of Amplio Ab on May 3, 2021. Aankondiging • Apr 28
SpectrumOne AB (publ) (OM:SPEONE) signed a share purchase agreement to acquire Amplio Ab for SEK 10 million. SpectrumOne AB (publ) (OM:SPEONE) signed a share purchase agreement to acquire Amplio Ab for SEK 10 million on April 26, 2021. Under the share purchase agreement Spectrumone AB will acquire 100% of the shares in Ampilio AB from the existing owners for a total purchase price of SEK 10 million. The purchase price will be settled by SEK 8 million in cash and SEK 2 million in shares by setting off a sales credit of the same amount in SpectrumOne at a subscription price of SEK 2.11 per share. The subscription price has been calculated using the average price for the last 20 days of trade of SpectrumOne’s stock on Nasdaq First North Growth Market. The cash part of the purchase price will be settled in two instalments. The first instalment amounting to SEK 5 million is to be settled on the closing of the transaction together with the share consideration on closing date April 30, 2021, while the second instalment will be settled on or before April 30, 2022. The shares to be issued as consideration are subject to a lock up clause for a period of 24 months. Ampilio will be merged with The Trigger Company AB and BizWell Sweden AB, becoming one company and making the foundation of the marketing part of the group. The new Company will be named Ampilio and led by the CEO Peter Bergdahl. Ampilio is an innovative and highly business oriented digital media agency with offices in Västerås and Örebro. Peter Bergdahl, Chief Executive Officer of Ampilio and Simon Ekberg who will both be joining SpectrumOne. For the year ended 2020, Ampilio reported a revenue of SEK 12 million. The acquisition is conditional upon customary closing conditions and legal due diligence. Closing is expected to take place on April 30, 2021. Aankondiging • Jan 05
SpectrumOne AB (publ) Centralizes Top Management to Sweden with New COO and CSO SpectrumOne AB (publ) announced that, Erik Otterberg replaces Michaels Irgens as new Chief Operating Officer (COO) in SpectrumOne. In addition, Louise Törnefalk Svanqvist has been recruited as Chief Strategy Officer (CSO). Erik Otterberg has 10 years of experience in digital communication and marketing. He comes most recently from the Trigger Company. Louise Törnefalk Svanqvist has a broad experience from being a member in several boards working with strategy and leadership. Erik Otterberg and Louise Törnefalk Svanqvist will take up their positions with immediate effect and become part of the top management group of SpectrumOne. The top management group will therefore henceforth consist of Hosni Teque-Omeirat, Erik Otterberg and Louise Törnefalk Svanqvist. Aankondiging • Nov 06
SpectrumOne AB (publ) Elects Anders Hugosson as New Member of the Board SpectrumOne AB (publ) in the extraordinary general meeting held on November 4, 2020 elected Anders Hugosson as a new member of the board. Aankondiging • Sep 03
SpectrumOne AB (publ) (OM : SPEONE) completed the acquisition of ÅData Infosystem Ab. SpectrumOne AB (publ) (OM : SPEONE) signed a share purchase agreement to acquire ÅData Infosystem Ab for SEK 10 million on August 28, 2020. Under the terms of consideration, Spectrumone AB will acquire 100% of the shares in Ådata Infosystems AB from the existing owners and consideration is to be settled in shares by setting off a sales credit of the same amount in SpectrumOne AB at a subscription price of SEK 2.09 per share. The shares to be issued as consideration are subject to a lock up clause in accordance with which the sellers can't sell more than 50% of the shares for a period of 6 months. The transaction is expected to close on September 1, 2020.
SpectrumOne AB (publ) (OM : SPEONE) completed the acquisition of ÅData Infosystem Ab on September 2, 2020. Aankondiging • Sep 02
SpectrumOne AB (publ) (OM:SPEONE) acquired The Trigger Company Ab for SEK 6.5 million. SpectrumOne AB (publ) (OM:SPEONE) acquired The Trigger Company Ab for SEK 6.5 million on September 1, 2020. The consideration of the transaction to be settled in shares by setting off a sales credit of the same amount in The Trigger Company at a subscription price of SEK 2.1 per share and no additional share issue to current shareholders.
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of The Trigger Company Ab on September 1, 2020. Aankondiging • Aug 28
SpectrumOne AB (publ) (OM : SPEONE) signed a share purchase agreement to acquire 100% stake in ÅData Infosystem Ab for SEK10 million. SpectrumOne AB (publ) (OM : SPEONE) signed a share purchase agreement to acquire 100% stake in ÅData Infosystem Ab for SEK10 million on August 28, 2020. Under the terms of consideration, Spectrumone AB will acquire 100% of the shares in Ådata Infosystems AB from the existing owners and consideration to be settled in shares by setting off a sales credit of the same amount in SpectrumOne AB at a subscription price of SEK2.09 per share. The shares to be issued as consideration are subject to a lock up clause in accordance with which the sellers can't sell more than 50 % of the shares for a period of 6 months. The transaction is expected to close on September 1, 2020 Aankondiging • Jul 31
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of remaining 70% stake in Cloud Explorers AS. TargetEveryone AB (publ) (OM:TEONE) entered into share purchase agreement to acquire remaining 70% stake in Cloud Explorers AS for SEK 64 million on February 17, 2020. The purchase price will be settled by SEK 50 million in cash and SEK 12.5 million in shares in TargetEveryone. The purchase price will be settled in two equal installments. The first installment to be settled on the closing of the transaction, while the second installment and the share consideration will be settled on or before June 15, 2020. The shares to be issued as consideration are subject to a lock up clause for a period of 12 months. Following the acquisition TargetEveryone will become the owner of 100% of Cloud Explorers. The cash portion of transaction will be funded by issuing shares of SEK 20 million to Formue Nord Markedsneutral A/S and Formue Nord Fokus A/S, and loan facility agreement of SEK 15 million from Formue Nord Markedsneutral A/S and Formue Nord Fokus A/S. Cloud Explorers Chief Executive Officer, Stephen Karl Ranson, and Chief Technology Officer, Tristan Andre Fily have undertaken to remain with the company for a period of at least 12 months. The acquisition is conditional upon the shareholders’ approval at an extraordinary general meeting of TargetEveryone. The closing of the transaction is subject to customary closing conditions and is expected to take place on or about April 1, 2020. Mangold Fondkommission AB (OM:MANG) and Sedermera Fondkommission AB acted as financial adviser and Nordic Law acted as legal adviser for TargetEveryone AB in the transaction.
SpectrumOne AB (publ) (OM:SPEONE) completed the acquisition of remaining 70% stake in Cloud Explorers AS on April 17, 2020. As per the terms SEK 15 million paid on closing, SEK 25 million on November 30, 2020 and the remaining SEK 10 million on April 1, 2021, plus SpectrumOne issued 8.333333 million shares.