Bonzun AB (publ) has transferred its subsidiary Bonzun Evolve AB, comprising the majority of Bonzun’s business and assets, to Learning 2 Sleep L2S AB (publ) against payment in newly issued shares in Learning 2 Sleep. Following the transaction, Bonzun will be the largest shareholder in Learning 2 Sleep with a holding of over 75 per cent of the shares. Bonzun and Learning 2 Sleep are both listed on Nasdaq First North Growth Market.
Bonzun was advised by KANTER in the transaction.