ZignSec ”Identify Anyone, Anywhere”

ZignSec ZIGN said Tuesday that 200,553,120 shares, representing 97.06% of its share capital, and 15,718,000 warrants were tendered in an offer for its takeover by US-based company G2 Acquisition.

As such, payment to the Swedish technology group’s shareholders is anticipated on Dec. 2, with G2 Acquisition also launching compulsory redemption proceedings to acquire the remaining shares not tendered in the offer.

G2 Acquisition, in September, offered 1.38 kronor per ZignSec share and 1.13 kronor per series TO1 warrant, valuing the latter at 302.9 million kronor.

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