Seven Oaks Capital to buy Romania-based apparel maker Texdata for EUR 7.5 million cash plus shares

Bitget2026/09/29 12:19

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Seven Oaks Capital agreed to buy Romanian apparel manufacturer Texdata via a Romanian subsidiary under a definitive agreement dated Sept. 28, 2026.
Consideration includes EUR 7,500,000 cash, subject to adjustments, plus shares leaving current Seven Oaks holders with 43.6% ownership post-deal.
Liviu Solomon to receive 2,000,000 shares valued at EUR 1,000,000; 860,000 shares earmarked for Kristijan Guberac as a finder’s fee.
Deal financing includes a planned $0.80 subscription-receipt raise of USD 4 million to USD 8.4 million.
Acquisition funding also includes a planned EUR 3,500,000 term loan at 5.568% to partially finance the purchase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seven Oaks Capital Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202609290815TNWSWRCACNPR_____1kEjFWvRr) on September 29, 2026, and is solely responsible for the information contained therein.

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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Seven Oaks Capital to buy Romania-based apparel maker Texdata for EUR 7.5 million cash plus shares

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