The report details the completion of the Company’s strategic exit from esports and gaming, and the execution of a reverse takeover agreement with Swemar Invest Ltd, valued at approximately SEK 450 million. This transaction positions the Company for entry into the maritime and defence industries under the new name Cosmos Maritime & Defence Industries AB.
Key highlights include:
- Strategic Transformation: Completed divestment of all esports assets and entered into binding reverse takeover agreement
- Shareholder Value Creation: Warrant programme approved, granting existing shareholders 10 warrants per share (strike price SEK 0.005, exercisable until 15 November 2025)
- Growth Pipeline: Acquisition of Dubai-based offshore oil service company expected to contribute USD 11-12 million in annual EBITDA over 24-36 months
- New Leadership: Appointment of experienced maritime industry executives to Board and CEO position
- EGM Approval: Extraordinary General Meeting on 9 September 2025 approved all proposed resolutions
The full H1 2025 report provides detailed financial information, risk assessments, and the Company’s strategic outlook as it transitions from esports to maritime and defence operations.