Kerdos Capital Ventures Ltd signed a non-binding offer to acquire FRISQ AB, FRISQ UK LTD and FRISQ USA Holding Inc from FRISQ Holding AB (OM:FRISQ) for approximately SEK 110 million.

Kerdos Capital Ventures Ltd signed a non-binding offer to acquire FRISQ AB, FRISQ UK LTD and FRISQ USA Holding Inc from FRISQ Holding AB (publ) (OM:FRISQ) for approximately SEK 110 million on January 4, 2022. A final sale of the Subsidiaries will be subject to the shareholders' approval. As of February 4, 2022 EGM is scheduled on February 8 , 2022 and will continue at a later date.

At the extraordinary general meeting on February 22 2022, the shareholders of FRISQ present voted in favor of the sale subject to the conditions that the purchase price was not changed , the share purchase agreement took place on market terms and that signing would take place no later than February 28 2022,. As of February 28, 2022, buyer has requested a deferral of submitting a signed and binding share purchase agreement due to serious illness. The board has therefore decided to give the buyer a deferral to submit the necessary documentation.

The Board will convene a new extraordinary general meeting to approve the divestment, provided that there is a signed share purchase agreement.