Gigger Group AB (publ) (DB:7PF) entered a letter of intent ton acquire WeAreCube for SEK 75 million on September 29, 2021. As per the transaction, Gigger Group AB (publ) will pay an initial sum of SEK 75 million and an additional sum will be added if the turnover in WeAreCube exceeds SEK 75 million, and if the company posts a positive EBITDA in 2021. This will amount to SEK 1.25mn per each million SEK above SEK 75 million in turnover. A final acquisition agreement is expected to be finalized before the end of November 2021.