- 01
PCF Group S.A. acquired a controlling stake in Incuvo S.A., securing between 50% plus one share and 53% of the company's total shares.
- 02
The acquisition marks a strategic expansion for PCF Group S.A. into the virtual reality (VR) gaming and VR porting sector.
- 03
At least 49.01% of the acquired shares were purchased from the Estonian-based shareholder OÜ Blite Fund.
- 04
The formal investment agreement was finalized on December 13, 2021, following an initial non-binding term sheet signed on October 28, 2021.
- 05
Negotiations were conducted under an exclusivity period that lasted from October 28, 2021, until December 8, 2021.
- 06
PCF Group S.A. delayed public disclosure of the transaction until December 2021 to prevent third-party interference and protect the integrity of the negotiation process.