Here is a fresh company report on Innofactor from Joni. 
Onni Bidco’s tender offer for Innofactor shares fell about 10% short of the over 90% target during the first offer period, which is why the company decided to extend its offer. Yesterday, the company also issued several other releases, the most significant of which was a negative profit warning regarding revenue and earnings, leading us to slightly lower our estimates. In our view, the offer is still good for shareholders from several perspectives, and we consider the completion of the tender offer to be very likely.