OurLiving AB (NGM:OURLIV) signed an agreement to acquire Solarfuture I Sverige Ab on October 5, 2022. Under the terms of agreement the total purchase price in the acquisition consists partly of a preliminary initial purchase price, partly of a possible additional purchase price. As of December 16, 2022, OurLiving has secured financing for the acquisition of Solarfuture i Sverige, via a bridge loan of SEK 5 million from existing shareholders and secured a bank loan of SEK 3 million. 50% of the preliminary purchase price, i.e. SEK 3,018,450, must be paid on the day of acquisition by OurLiving carrying out a targeted new issue of shares in the Company on market terms to the seller. According to the share transfer agreement, the issue price in the directed new issue must correspond to the volume-weighted average price for the OurLiving's share during a period of 20 trading days starting on October 5, 2022. This price has been calculated at SEK 0.92 per share. Access to the shares is expected to take place on December 22, 2022. Fredersen Advokatbyrå Ab acted as legal advisor to OurLiving AB.

OurLiving AB (NGM:OURLIV) completed the acquisition of Solarfuture I Sverige Ab on December 22, 2022. OurLiving has today paid the preliminary initial purchase price to the seller in the acquisition. The preliminary initial purchase price amounts to a total of SEK 6,036,900 calculated based on an operating value of Solarfuture i Sverige AB on a debt- and cash-free basis (Enterprise Value) of SEK 6,000,000 with an adjustment for an estimated net indebtedness and an estimated working capital adjustment. 50% of the preliminary initial purchase price. i.e. SEK 3,018,450, has been paid in cash to the seller and 50% of the preliminary initial purchase price, i.e. SEK 3,018,450, has been paid by the OurLiving's board, with the support of authorization from the annual general meeting on May 11, 2022, deciding on a targeted new issue of shares in the Company to the seller in the acquisition.