SpectrumOne acquires the Finnish SaaS company MyInfomonitor to merge with Qbim
Today SpectrumOne acquired the Finnish SaaS company OY Cemron AB also named MyInfomonitor (hereinafter “Myinfomonitor”) for the purpose of merging it with SpectrumOne’s subsidiary Qbim AB. The purchase price is SEK 11,000,000 and is paid via shares in SpectrumOne AB, with no additional share issue to current shareholders. The shares will be calculated at subscription price of SEK 2.48 per share, the weighted average price of the last ten trading days. MyInfomonitor had a revenue of about SEK 6.5 million and a profit of about SEK 1.9 million for the fiscal year 2020. MyInfomonitor was