SpectrumOne has closed acquisition of Observit AB
SpectrumOne AB has today closed the acquisition of Observit AB as announced on September 6, 2021.
The preliminary purchase price was settled by SEK 22 million in cash and SEK 39 million in shares by the Board of Directors resolving on a directed share issue setting off a sales credit of the same amount in SpectrumOne at a subscription price amounting to SEK 1,8476 per new share. The subscription price was calculated by using the average price for the last 20 days of trade of SpectrumOne’s stock on Nasdaq First North Growth Market before today's date. Through the directed issue of shares in SpectrumOne, the number of shares in the company will increase by 21,108,306 shares and the share capital will increase by SEK 2,110,830,60.
For further information contact:
Chairman of the Board+46 73 978 78 44
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOne´s headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Norway, Finland, Belgium and Spain. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm.