SenzaGen AB (OM:SENZA) acquired 100% stake in Toxhub S.R.L. for Ç0.3 million on November 11, 2022. The initial consideration, on a cash-free and debt-free basis, is Ç300,000, half of which will be paid in 123,409 newly issued SenzaGen stock at a subscription price of SEK 13.20 per share. Additional consideration may be payable depending on the company's profitability. ToxHub will be consolidated into the SenzaGen Group immediately. The acquisition was financed with the GroupÆs own funds and is expected to have a limited but positive impact on the GroupÆs earnings per share for the current financial year. FNCA Sweden AB is the SenzaGen's Certified Adviser.
SenzaGen AB (OM:SENZA) completed the acquisition of 100% stake in Toxhub S.R.L. on November 11, 2022.