My Beat holds extraordinary shareholder meeting, backs Oyatel acquisition plan

Bitget2026/10/02 09:11

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My Beat held an extraordinary general meeting on Oct. 2, 2026, adopting a package of acquisition, financing, and capital-structure resolutions.
Shareholders endorsed the acquisition of Oyatel AS, approving a set-off share issue of up to 128,140,736 shares as partial consideration.
Owners backed continued operations, based on a balance sheet showing equity above half of registered share capital; no liquidation decision was taken.
Approved directed set-off issues to settle debt: up to 4,479,050 shares to Sandbygård Invest, up to 7,654,545 shares to Advisum.
Adopted amendments enabling a 20-for-1 reverse split, expected to reduce shares to 7,929,992 once implemented; record date not yet set.
Authorized a capital reduction of SEK 23,076,279.05 to cover losses, with no share cancellation; execution depends on completion of related steps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. My Beat AB published the original content used to generate this news brief via Cision (Ref. ID: 202610020510BITN____UKPR__SV_20261002-BIT-8432-0) on October 02, 2026, and is solely responsible for the information contained therein.

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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My Beat holds extraordinary shareholder meeting, backs Oyatel acquisition plan

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