Speqta’s acquisition of BrightBid has today been completed
Speqta AB (publ) (“Speqta” or the “Company”) announced on 7 June 2023 that the Company has entered into an agreement with the owners of Brightbid AB (“BrightBid”), a leading player in AI-based search advertising, to acquire 100 per cent of the shares and outstanding warrants in BrightBid (the “Transaction” or the “Acquisition”). The closing of the Transaction has taken place today and the Acquisition has been paid for through an issue in kind of 17,621,411 new shares in Speqta to the sellers of BrightBid (the “Consideration Shares”), corresponding to approximately 72 per cent of