TargetEveryone completes a directed issue of shares, receives a loan facility and proposes further long-term financing in connection with strategic acquisition of Cloud Explorers
· Agreement regarding the acquisition of the remaining 70% of shares in Cloud Explorers AS. The total purchase price is SEK 62,5 million. The purchase price will be settled by SEK 50 million in cash and SEK 12,5 million in shares in TargetEveryone AB at a subscription price of SEK 1.50 per share. The purchase price will be settled in two equal installments. · Decision regarding directed issue of shares of SEK 20 million at SEK 1,50 per share to Formue Nord Markedsneutral A/S and Formue Nord Fokus A/S. · Loan facility agreement of SEK 15 million from Formue Nord Markedsneutral A/S and