Updated Mar 17, 2026 by PCF Group
PCF Group S.A. finalized a settlement with OÜ Blite Fund on August 21, 2023, to resolve all outstanding financial obligations from the December 2021 acquisition of Incuvo S.A.
The settlement requires PCF Group to pay an additional 2,050,000 PLN to increase the total purchase price for 7,143,900 shares of Incuvo S.A.
PCF Group recognized the full 2,050,000 PLN payment in its financial results for the second quarter of 2023.
This agreement serves as a comprehensive release of all mutual claims between the two parties regarding the original share purchase agreement.
The payment concludes the legal and financial reconciliation process for the acquisition, which was originally intended to facilitate PCF Group's expansion into the virtual reality sector.
PCF Group S.A. finalized a settlement with OÜ Blite Fund on August 21, 2023, to resolve all outstanding financial obligations from the December 2021 acquisition of Incuvo S.A.
The settlement requires PCF Group to pay an additional 2,050,000 PLN to increase the total purchase price for 7,143,900 shares of Incuvo S.A.
PCF Group recognized the full 2,050,000 PLN payment in its financial results for the second quarter of 2023.
This agreement serves as a comprehensive release of all mutual claims between the two parties regarding the original share purchase agreement.
The payment concludes the legal and financial reconciliation process for the acquisition, which was originally intended to facilitate PCF Group's expansion into the virtual reality sector.