Bifogade filer
Adjusted earn-out payment for ArcQor AB
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Kommunikation |
Due to an impending reorganization within the W5 Group, the sellers of ArcQor AB have agreed on an adjustment of the calculation of the earn-out.
The earn-out will be calculated on aggregate sales from 2024-2027 instead of operating profit. The entire purchase price will be paid in newly issued shares issued in 2028 instead of in four separate occasions from 2025-2028.
The new price mechanism provides more predictability and the maximum earn-out is lower than initially agreed by the parties. The new terms are also expected to result in lower dilution.
"With this agreement, we can now fully focus on integrating our two operations within the Power business area in Älmhult, and thereby achieve a more efficient and consolidated organization," says Evelina Hedskog, President and CEO of W5.