Bifogade filer
CDON-PR-Nantahala-Capital-240919
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Handel & varor |
| Industri | Detaljhandel |
Nantahala Capital, an existing shareholder in the company, acquired approximately 2.2 million additional shares in a private transaction with another holder. This transaction strengthens Nantahala Capital's ownership position in CDON AB ("CDON").
CDON can confirm today that Nantahala, who already holds shares in the company, has increased its stake. No new shares were issued by the company as part of this transaction. The transaction was completed on September 17, 2024.
Nantahala Capital is a US based alternative investment firm founded in 2004 that makes long-term fundamental investments in small and micro-cap companies.
Quote from the Buyer:
"We have great confidence in CDON, its strategy and management team. We look forward to being an even bigger part of the company's continued growth. The acquisition of additional shares reflects our commitment to the company and its business, and we truly believe in the long-term potential of the company" says Jonathan Buba, Partner at Nantahala Capital.
Quote from the CEO:
"We welcome Nantahala Capital's increased engagement and view it as a sign of continued trust in the company and its strategy. We look forward to growing the business together" says Fredrik Norberg, CEO of CDON.