EC European Capital RTO 1 signs LOI to buy ION-GAS for EUR 8.5 million in shares
Bitget2026/09/29 10:37- EC European Capital RTO 1 entered a non-binding LoI to acquire 100% of Germany’s ION-GAS in a share-funded deal.
- ION-GAS was valued at EUR 8.5 million; consideration set at EUR 0.40 per share implies issuance of 21,250,000 new shares.
- The listed platform was valued at EUR 4 million, or SEK 45.2 million, equal to SEK 4.52 per existing share.
- Completion is tied to a EUR 2.5 million cash raise, expected to issue 6,250,000 shares at EUR 0.40.
- Pro forma shareholding: EC RTO holders 26.67%, ION-GAS sellers 56.67%, cash-raise investors 16.67%; combined equity value EUR 15 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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