Existing and new owners increase ownership in Truecaller in connection with the sale of all remaining employee shares
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, hereby announces that the incentive companies True Software EC AB, True Software EC II AB, True Software EC III AB and True Software EC IV AB (the “incentive companies” or "EC companies"), which is owned by Truecaller's existing and former employees, has sold its remaining holdings in Truecaller to existing long-term owners as well as one new leading Swedish institutional investor, a total of approximately 6.4 million Class B shares. Following the sale, the incentive companies no longer own