NanoCap's holding MyFirstApp Group enters into an agreement to divest its operations to ObsteCare
Stockholm 2022-11-25 NanoCap's holding MyFirstApp Group has entered into an agreement to divest its business within Ed-Tech to ObsteCare AB. The purchase price amounts to SEK 22 million, of which SEK 9.7 million is to be paid through newly issued shares in ObsteCare at a rate of SEK 0.05 per share and SEK 12.3 million through reversion. An additional purchase price of a maximum of SEK 10 million must be paid to the seller depending on performance. The additional purchase price is paid 50 percent in the form of shares and 50 percent in cash. The deal is conditional on ObsteCare`s