In connection with the acquisition of
The additional purchase price is based on revenue and EBITDA results. The qualification period for the potential additional purchase price is divided into two time periods, 2023 and 2024. It can be determined that W&IT continues to develop positively based on the measurement parameters and that an additional purchase price for the first measurement period has been achieved. The additional purchase price for the first measurement period amounts to 1.5 MSEK and will be paid entirely by newly issued shares in PixelFox. The price per share is calculated using a 30-day VWAP
It is gratifying for PixelFox to see that W & IT continues to develop in a positive direction. There is ongoing work aimed at both developing existing brands and product ranges.
For further information, please contact:
Robin Bäcklund
Chief Executive Officer
ir@partytajmint.com
The business idea of
https://news.cision.com/pixelfox-ab--publ-/r/outcome-of-additional-purchase-price-for-the-acquisition-of-subsidiary-w-it-solutions,c3942747
https://mb.cision.com/Main/21088/3942747/2655860.pdf
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