EveryMatrix's Strategic Move to Acquire Fantasma
EveryMatrix Software Limited has successfully finalized its public cash offer to acquire shares from the shareholders of Fantasma Games AB. With this strategic acquisition, EveryMatrix has achieved ownership of 95.19 percent of all shares in Fantasma. This decision marks a significant moment for both companies as they look toward a future of enhanced collaboration.
Details of the Acquisition Offer
The offer was introduced on September 18, 2024, at a price of SEK 59 per share, significantly attracting shareholder interest. Throughout the acceptance period, which concluded on October 10, 2024, EveryMatrix received acceptance from shareholders representing 85.65 percent of all shares. Excitingly, this level of interest underscores the strong support for the acquisition within the market.
Shareholder Engagement
During this acceptance timeframe, EveryMatrix also managed to secure an additional 150,000 shares externally, equating to 4.22 percent of the total shares in Fantasma. An important component came from a key stakeholder who committed to selling an additional 189,483 shares at the same offer price. The integration of these shares brings EveryMatrix's total ownership to an impressive 3,385,523 shares within Fantasma.
Completion and Next Steps
With all necessary conditions met for the offer's completion, EveryMatrix is expected to initiate the settlement process on or around October 18, 2024. This completion aligns with the firm's growth strategy, allowing it to solidify its position in the sector.
Compulsory Buy-out and Future Plans
Additionally, EveryMatrix intends to kick off a compulsory buy-out proceeding guided by the Swedish Companies Act to obtain the remaining shares held by minority stakeholders—further progressing its influence within Fantasma. Alongside this, EveryMatrix is exploring the possibilities for delisting Fantasma from the Nasdaq First North Growth Market.
Company Contact and Information
EveryMatrix has encouraged interested parties to contact them directly for inquiries linked to the offer. Although specific email addresses for inquiries have been omitted, they remain accessible for relevant stakeholders seeking more information about the acquisition or related details.
Frequently Asked Questions
What is the significance of EveryMatrix acquiring Fantasma?
This acquisition strengthens EveryMatrix's market position and expands its capabilities within the gaming industry.
What was the offer price for Fantasma shares?
EveryMatrix offered SEK 59 per share for the acquisition.
How much ownership does EveryMatrix now have in Fantasma?
EveryMatrix now owns 95.19 percent of all shares in Fantasma.
What is EveryMatrix's next step after the acquisition?
The company plans to conduct a compulsory buy-out for the remaining shares and aims to delist Fantasma from the public market.
How can I get more information about the offer?
Interested parties should reach out to EveryMatrix directly through their official communication channels for up-to-date information.
