The shareholders in Myfirstapp are called to an extraordinary general meeting on October 26 in Stockholm. The board proposes that the general meeting approves the proposed acquisition of all shares in Talestime by Iron Branch Invest at a price of SEK 8.0 million.
Payment is made in part by offsetting the purchase price against 239,521 newly issued shares in Myfirstapp which are valued at SEK 5.01 per share, corresponding to SEK 1.2 million, and SEK 6.8 million in reverse to Iron Branch Invest. This is a related party transaction that needs to be approved by the general meeting.