Financial Transaction:
Acquisition
Kovio Inc
Currency
United States Dollar
Value in original currency
3,700,000
Company valuation (pre money)
3,700,000
Value in USD
3,700,000
Company valuation in USD (pre money)
3,700,000
Note
Thinfilm completed the acquisition of Kovio assets for a total of 2.7 USDm in cash and 1.0 USDm in equity, consisting of 1.0 million of Thinfilm shares, acquired by Kovio creditors at 5.92 NOK/share.