• Baylin Technologies completed its acquisition of Sweden-based Kaelus AB for about SEK 282 million (about C$42 million), net of excess cash.
• Consideration included about C$26 million cash, 52,000,036 Baylin common shares issued to Kaelus shareholders.
• Financing included a senior secured term facility with SAF Group, subscription receipts led by Paradigm Capital; 41,250,000 common shares issued on receipt conversion.
• Baylin repaid existing bank debt, extinguished its RBC revolving credit facility at closing.
• Combined business targets about C$130 million pro-forma 2026 revenue, about C$14 million pro-forma 2026 adjusted EBITDA, before synergies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baylin Technologies Inc. published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.