Speqta signs agreement to acquire AI-based SaaS company BrightBid
Speqta AB (publ) (“Speqta” or the “Company”) has today entered into an agreement with the owners of BrightBid AB (“BrightBid”), a leading player in AI-based search advertising, to acquire 100 per cent of the shares and outstanding warrants in BrightBid (the “Transaction” or the “Acquisition”). The Acquisition shall be paid for by an issue in kind of 17,621,411 new shares in Speqta (the “Consideration Shares”), corresponding to approximately 72 per cent of the total number of shares in Speqta on a fully diluted basis (the “Purchase Price”). The Acquisition means that the Speqta