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.