NanoCap's holding MyFirstApp Group enters into letter of intent to divest its operations to ObsteCare
Stockholm 2022-10-17 NanoCaps holding MyFirstApp Group has entered into a letter of intent to divest its Ed-tech operations to ObsteCare AB. Indicated purchase price amounts to 22 MSEK of which 9,7 MSEK is to be paid by newly issued shares in ObsteCare at a rate of SEK 0.05 per share and 12,3 MSEK by seller note. An additional purchase price of a maximum of 10 MSEK must be paid to the seller depending on performance over the next 18 months. The additional purchase price is paid 50 percent in the form of shares and 50 percent in cash. We as shareholders are positive about the proposed