edyoutec AB (NGM:EDYOU) signed an acquisition agreement to acquire Math Bakery from Pi Ide Ab for SEK 1.25 million on December 15, 2023. The acquisition price is set at SEK 1.25 million and will be paid 100% through newly issued shares, the shares will have a lock-up period of 24 months. The price is based on the closing price on February 28, 2024, with a premium of 50%.