Report from the extraordinary general meeting in Speqta AB (publ) on 26 June 2023
At the extraordinary general meeting in Speqta AB (publ), reg. no. 556710-8757, (the “Company”) on 26 June 2023, the following resolutions, among others, were adopted. For more detailed information on the content of the resolutions, please refer to the notice to the extraordinary general meeting and the complete proposals for resolutions as well as the Company's press release from 7 June 2023, which have previously been published and are available on the Company's website, www.speqta.com.
Resolution regarding a directed issue of shares (issue in kind)
The Company announced on 7 June 2023 that the Company has entered into an agreement with the owners of BrightBid AB (the “Sellers”) to acquire 100 per cent of the shares and outstanding warrants in BrightBid AB. The agreed purchase price for the transferred shares and warrants shall be paid by the Sellers subscribing for and being allotted 17,621,411 new shares in the Company at a preliminary value of approximately SEK 259 million based on the closing price of Speqta's shares on 5 June 2023, which amounted to SEK 14.72.
The extraordinary general meeting resolved in accordance with the board of directors’ proposal on a directed issue of 17,621,411 shares to the Sellers against payment in kind consisting of all shares and outstanding warrants in BrightBid AB.
The final value at which the contribution in kind will be recognised in the Company's balance sheet will be finally determined based on the share price of the Company's shares at the so-called transaction date and may therefore differ from the estimated value.
Please note that this is a translation for information purposes only. In the event of any discrepancies between the Swedish and English versions, the Swedish version shall prevail.
The information was submitted for publication, through the agency of the contact person set out below, at 10.45 CEST on 26 June 2023.
For further information:
Fredrik Lindros
CEO Speqta AB (publ)
+46 723 10 66 66
About Speqta
Speqta is an Adtech company that offers traffic generating services in eCommerce using data and AI. The company has two services: The Affiliate network Shopello and the SaaS service Bidbrain, and is listed on Nasdaq First North Premier Growth Market in Stockholm under the ticker "SPEQT". Redeye AB is the company’s Certified Adviser.
www.speqta.com