Rightbridge Ventures divests portfolio company Knacks for 4,350 PLN and saves 450,000 SEK in short-term financing
Rightbridge Ventures Group AB (publ) (“Rightbridge”) or (“The Company”) has today entered into an agreement to divest all shares in Knacks SP. Z O.O (“Knacks”) to Dawid Szymański, who is a minority shareholder in Knacks. The purchase price amounts to 4,350 PLN. The sale of Knacks results in a write-down in the wholly-owned subsidiary Rightbridge Ventures AB of approximately 3 MSEK.The Board of Rightbridge, along with management, has during November and December conducted a review of the operations to streamline the portfolio to become an investment company focused on investments and