BrightBid AB entered into a reverse merger agreement to acquire Speqta AB (publ) (OM:SPEQT) for approximately SEK 260 million on June 7, 2023. Under the terms 17,621,411 new shares will be issued. Transaction is expected to close on or around July 3, 2023.

Advokatfirman Delphi is legal advisor to Speqta in relation to the Transaction. Svalner has been the tax advisor to Speqta. The Transaction is conditional upon the Speqta AB's shareholders approval