Information regarding the public takeover offer by Velvet Cichlid
On 19 December 2022, Velvet Cichlid AB (the “ Bidder ”), a company controlled by a consortium consisting of GLA Invest SA, MCGA AB, h265 AB and Petter Wallin, announced a public takeover offer to the shareholders of Sleep Cycle to sell all shares in Sleep Cycle to the Bidder at a price of SEK 42.50 in cash per share (the “ Offer ”).
The independent members of the Board of Directors of Sleep Cycle unanimously recommend the shareholders to not accept the public cash offer by Velvet Cichlid.
For more information, please refer to the Bidder’s website relating to the Offer, www.better-sleep.se.
Press releases
The Board of Directors evaluates the offer from Velvet Cichlid