tbd30 INTERIM REPORT Q1 AUGUST – OCTOBER
| August - October | 31 July 2021 | |
| Cash and current investments | 842.6 million | 851.5 million |
| Equity | 786.6 million | 790.4 million |
| Operating expenses | -3.5 million | No comparative figures |
| Profit/loss after tax | -3.8 million | No comparative figures |
| Earnings per share by average No. of shares | SEK -0.36 | No comparative figures |
| Earnings per share by average No. of shares at period end | SEK -0.36 | No comparative figures |
SIGNIFICANT EVENTS DURING THE PERIOD
- Pursuant to the general meeting’s decision on 17 September, the company reduced share capital by SEK 8,516, through the retirement of 34,065 Class A shares held by the company, to SEK 2.6 million.
- Pursuant to the general meeting’s decision on 17 September, the company restored the share capital through a bonus issue of SEK 8,516 and thereby increased share capital to SEK 2.6 million.
CEO COMMENTS:
“tbd30 is now in the middle of an intense search process. The company’s independent Board members have approved an evaluation method established by management that follows the investment criteria published in the prospectus ahead of the listing in June. This method was used to screen and thereafter evaluate potential target companies. We are also pleased to have recruited William Odlander as Head of Investments, from EQT and previously Dustin, to accelerate the investment process.
In brief, tbd30 is searching for Nordic companies operating in business services with scalable business models and which can be listed through a reverse merger.
Through tbd30, potential target companies are offered access to investors to strengthen continued growth as well as our Board’s extensive experience of developing companies in public environments. Together with the potential target companies’ existing owners, we hope to be able to provide the market with an exciting company with good growth opportunities.”
Anders Lönnqvist
CEO
For a complete interim report, see appendix.
For more information, please contact:
Caesar Gezelius, Head of Investor Relations
+46 708 333 136
caesar.gezelius@tbd30.se
This information is such information TBD30 AB (publ) is obliged to make public in accordance with the Securities Markets Act (2007:528). The information in this press release has been made public through the agency of the responsible person set out below for publication at the time stated by TBD30 AB's (publ) news distributor Cision at the publication of this press release.
About tbd30
tbd30 is a SPAC founded at the initiative of Anders Böös and Anders Lönnqvist. The purpose of the Company is to carry out a Business Combination with a company with operations in business services. This is a sector which the founders consider having interesting and good prospects and, in certain cases, a potential to engage in substantial change and development work. A relatively large proportion of companies in this sector are outside the public and listed environment, despite their having achieved sufficient maturity and the opportunity to benefit from being listed.
tbd30 has a goal-oriented and competent Board of Directors and management focusing on realising the Company's goal and strategy – to identify, evaluate and acquire Target companies which create added value for tbd30's investors and shareholders. Together, they have a long and sound experience of corporate management and governance, business combinations and mergers, change-related processes, the capital market and the business sector as a whole.