Stillfront Group AB (OTCPK:STLFF)
$ 0.7475 0.0975 (15%) Market Cap: 421.06 Mil Enterprise Value: 745.90 Mil PE Ratio: 0 PB Ratio: 0.29 GF Score: 66/100

Stillfront Group AB (publ) to Acquire Candywriter LLC Call Transcript

Apr 24, 2020 / 11:00AM GMT
JÃ;rgen Larsson
Stillfront Group AB - CEO

¶ -

Thank you and welcome all to the presentation of our acquisition of Candywriter. We are very enthusiastic about what that could bring going forward.

I will start presenting a bit about the business and the rationale for this deal and what we expect going forward, also some about the transaction. Then Andreas will take over and talk about the financials, then we have short summary.

So please, we begin with slide 3, called transaction structure. And the initial transaction consideration consists of USD74.4 million on a cash and debt-free basis as always. And the cash payment of that is $36.9 million. And the other part is newly issued Stillfront shares based upon a VWAP evaluation seven days prior to the signing, excluding the date of signing. These shares will be subject to a lockup of 18 months.

And then we have an earnout in addition to that that could, at the maximum, be USD120.6 million. And that is based upon the next coming three years' EBIT result. All these tranches are paid in equally in cash and newly shared

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot