New Risk • Jun 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: kr964.9m (US$99.5m) This is considered a minor 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: Minor Risks Revenue is less than US$5m (kr47m revenue, or US$4.9m). Market cap is less than US$100m (kr964.9m market cap, or US$99.5m). Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 29
Eyeon Group AB (publ) (NGM:EOID) completed the acquisition of Safestate Ab from current owners. Eyeon Group AB (publ) (NGM:EOID) entered into an agreement to acquire Safestate Ab from current owners for approximately SEK 100 million on March 11, 2025. The purchase price will be paid through newly issued shares in EyeonGroup ("Consideration Shares"), which will be issued in an in-kind share issue in exchange for the Sellers contributing their shares in Safestate. The subscription price for each Consideration Share is set at SEK 15 per share, with the total number of Consideration Shares amounting to a maximum of 6.745996 million shares. The issuance of the Consideration Shares will be decided by the Company's Board of Directors under the authorization granted at the extraordinary general meeting on March 4, 2025. The acquisition is conditional upon the fulfillment of certain requirements, including obtaining necessary regulatory approvals for a mandatory FDI notification from the Swedish Inspectorate of Strategic Products. The Consideration Shares will be subject to a 12-month "lock-up" period, but the Sellers will have the right to dispose of the Consideration Shares in accordance with an option agreement separately entered into between each Seller and House of K Investment UK Ltd. The closing date will occur as soon as these conditions are met. Fredrik Ullberg of TLCF Sweden Kommanditbolag acted as financial advisor to Eyeon Group. Fredrik Sonander of Forssander Sonander Advokat AB acted as legal advisor to Eyeon Group. Gabriel Albmark of Eversheds Sutherland Advokatbyrå Ab acted as legal advisor to Eyeon Group. John Hovsenius of Svalner Skatt & Transaktion KB acted as due diligence provider to Eyeon Group.
Eyeon Group AB (publ) (NGM:EOID) completed the acquisition of Safestate Ab from current owners on April 29, 2025. In a move to further reinforce its leadership team, the company’s principal owner, Mattias Kaneteg, will step in as the new Chairman of the Board. Coinciding with the acquisition, Eyeon Group is launching a new brand profile, Eye.World, designed to unify its expanded range of offerings. 
