FRISQ Holding AB (publ) (OM:FRISQ) signed a Letter of Intent to acquire Nosa Plugs AB (publ) on December 1, 2022. FRISQ Holding AB (publ) agreed to acquire Nosa Plugs AB (publ) on March 10, 2023. The deal will be conditional of a short due diligence phase and a FRISQ shareholder acceptance from an Extraordinary General shareholder Meeting (EGM) in early 2023.

The post-acquisition shareholding is proposed to be split with 60% of outstanding shares to former NOSA shareholders and 40% shares to former FRISQ shareholders. As of January 27, 2023,FRISQ Holding AB because of the planned acquisition of Nosa Plugs AB (publ), will be subject to an examination by Nasdaq Stockholm AB. Acquisition to be made via in kind of 111.6 million shares towards sellers of Nosa Plugs AB (publ).FRISQ's shareholders approved the deal.

The transaction is expected to close after the stock exchange closes on Wednesday evening and the following day, Thursday, March 16, relisting will take place on Nasdaq First North