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Zinzino Issues Shares to Settle Acquisition, Partnership Claims

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Dagens industri

Key takeaways

  • On October 3, 2025, Zinzino's Board of Directors approved three separate share issues to settle claims related to recent acquisitions and strategic agreements, as authorized at the company's 2025 Annual General Meeting
  • The settlement utilizes a set-off of claims to resolve outstanding financial obligations
  • A total of 24,973 new B-shares will be issued through these transactions
On October 3, 2025, Zinzino's Board of Directors approved three separate share issues to settle claims related to recent acquisitions and strategic agreements, as authorized at the company's 2025 Annual General Meeting. The settlement utilizes a set-off of claims to resolve outstanding financial obligations. A total of 24,973 new B-shares will be issued through these transactions. The largest allocation, 14,028 B-shares, will be directed to Ecosystem to settle a claim stemming from Zinzino's prior acquisition of its assets. This information was reported by Dagens industri. An additional 7,575 B-shares will be issued to World Class Ventures, connected to a strategic agreement in Europe previously established between ACN and Zinzino. The remaining 3,370 B-shares are designated for Sara Design / Ivan Martinec, settling a claim from the Valentus Global asset acquisition, which concluded in April 2025. These share issues strategically convert existing financial obligations into equity, satisfying claims held by partners and entities from whom Zinzino has acquired assets.

Related Topics

Zinzinoshare issueacquisitionsstrategic agreementsequitycorporate finance

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