EPTI AB (OM:EPTI) entered into an agreement acquire Emwys AB and Aviate Leads CY LTD for €4.7 million on February 15, 2023. The purchase price amounts to a total of €4.7 million in cash, payable in two tranches initially, €3.5 million will be paid and the remaining €1.2 million will be paid approximately 12 months after the completion of the transactions. The transfer agreements are conditional on EPTI securing financing by March 31, 2023 and to finance the acquisitions through a combination of loans and cash, and thereby avoid dilution for existing shareholders in EPTI.

Closing of the acquisitions of Emwys AB and Aviate Leads CY LTD including related assets will take place upon payment which according to the agreement will be made no later than March 31, 2023.