Metriks AI launches all-share offer for TradeLab
Reuters2026/07/29 06:10- Metriks AI launched a voluntary all-share exchange offer for all 5,450,000 TradeLab shares, offering 0.667 Metriks shares per TradeLab share.
- Full acceptance would value the offer at EUR 11.63 million; completion requires reaching at least 51% of TradeLab’s share capital.
- In parallel, Metriks signed a binding term sheet to buy 100% of Workgroup at an equity value of EUR 20 million, with total consideration capped at EUR 25 million.
- Workgroup consideration includes EUR 7 million cash, EUR 2.11 million in new Metriks shares at EUR 4.5 each, EUR 10.89 million of mandatory convertible bonds due June 30, 2028.
- The deals aim to combine TradeLab’s retail analytics with Workgroup’s operational software to build an end-to-end data-to-automation platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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