(Telestock) – SG Company Benefit Company, listed on the Euronext Growth Milan market. has finalized the purchase of 51% of the share capital of KNOBSa tech company and innovative SME based in Milan, specialized in web and blockchain solutions.
The economic terms of the transaction are unchanged from those already specified in the press release issued on July 11, 2024. The agreed price, equal to 1,061,600 euroswas paid, in part – for a value of 500,000 euros – through the subscription of a KNOBS capital increase reserved for SG Company and, in part – for a value of 561,600 euros – through the purchase of Smart Capital’s shares in KNOBS.
As per the agreements, the purchase of the additional 1.5% of the share capital of KNOBS by SG Company is expected no later than January 31, 2026.