SORGEM Evaluation is acting as independent expert in the public tender offer for LEXIBOOK.
The public tender offer (OPA) aims to strengthen the founders’ stake in the company’s capital while welcoming a new long-term shareholder, Lawrence Rosen LLC, a firm with extensive expertise in the company’s market.
This new reference shareholder will support the company’s long-term ambitions in a highly competitive and pressured industry.
The offer price in the OPA is set at €4 per share. The public tender offer will provide shareholders who wish to participate, subject to exceeding the annulment threshold, an opportunity for liquidity with a premium over the stock’s recent trading levels.
The offeror does not intend to implement a mandatory squeeze-out procedure for the company’s shares.