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MapsPeople - Details about private placement and potential delisting

By HC Andersen Capital
2025-04-28 12:20
MapsPeople

Today, MapsPeople announced a proposed delisting of its shares on Nasdaq First North Premier after the company has entered into an agreement with Apex Group Technologies Inc. (Apex), which is a company backed by Round13 Capital II, Inc., a Toronto-based private equity firm. Following the completion of transactions, Apex will hold at least 51% and up to approx. 64% of the shares in MapsPeople.

We have interviewed MapsPeople’s CEO Morten Brøgger about the private placement and potential delisting. Watch the interview here: https://www.youtube.com/watch?v=8TUGzgI3aac

Read all the details from the full announcement here: https://www.inderes.dk/releases/mapspeople-as-announces-agreement-with-apex-group-technologies-backed-by-round13-capital-to-acquire-at-least-51percent-and-up-to-approx-64percent-of-the-shares-in-mapspeople-as-and-to-delist-from-first-north 

Disclaimer: HC Andersen Capital receives payment from MapsPeople for a Digital IR subscription agreement. /Kasper Lihn, 12:20, 28 April 2025.

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