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FRISQ Holding AB completes the transaction to divest FRISQ AB to Cambio

MAR

FRISQ Holding AB (FRISQ) and Cambio Healthcare Systems AB (Cambio) has today completed the transaction of the earlier communicated divestment of FRISQ AB to Cambio. In line with the Share Purchase Agreement signed by both parties on the 31st of October 22, Cambio has paid in cash SEK 31 million as the first payment installment of the transaction. The second cash installment of SEK 9 million (net of possible adjustments) will be made 6 months after the closing date.

From the first installment of SEK 31 million, outstanding loans from Cambio of SEK 9,138 million will be deducted from the cash received.

As earlier communicated, FRISQ's board of directors intends to replace FRISQ AB with an acquisition of a new business with high potential to create great value for the shareholders. More information about this potential acquisition will follow shortly.

For further information:

Mats Lindstrand, CEO FRISQ Holding AB
E-mail: investor@frisq.se

About FRISQ:

FRISQ is a healthtech company built on the conviction that the quality of the care you get should not be dependent on your ability to navigate a complex system and constantly evolving treatments. The software solution FRISQ Care enables the creation of personalized, digital care plans that facilitate collaboration and secure information sharing between care teams, doctors and patients through the same platform.

Since 2016, FRISQ has been listed on Nasdaq First North Stockholm under the symbol “FRISQ”. FNCA Sweden AB is FRISQ’s Certified Adviser and can be reached via the following contact information: +46 8 528 00 399, info@fnca.se

The publication is a translation of the original Swedish text. In the event of inconsistency or discrepancy between the Swedish version and this publication, the Swedish language version shall prevail.

For more information, please visit: www.frisqholding.se

This information is information that FRISQ Holding is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-11-30 18:30 CET.

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FRISQ Holding AB completes the transaction to divest FRISQ AB to Cambio

Datum 2022-11-30, kl 18:30
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FRISQ Holding AB completes the transaction to divest FRISQ AB to Cambio
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