BRIEF-NCAB Acquires Board Shark In United States

- NCAB Group AB (publ) NCAB.ST:

  • NCAB ACQUIRES BOARD SHARK PCB IN THE UNITED STATES

  • BUYS 100% OF BOARD SHARK

  • UPFRONT FIXED PURCHASE PRICE $15 MILLION CASH AND DEBT-FREE

  • TRANSACTION ALSO INCLUDES AN EARN‐OUT OF UP TO $11 MILLION BASED ON FINANCIAL PERFORMANCE DURING NEXT 24 MONTHS

  • ACQUISITION EXPECTED TO CONTRIBUTE POSITIVELY TO NCAB EARNINGS IN 2026

Source text: ID:nMFNc74Jzf

Further company coverage: NCAB.ST