ANTCO. Investment Group AB has acquired a 0.18% stake in BlueBarricade Blockchain & AI Technology AB for 1.35 MSEK, in alignment with its strategy to invest in growth-oriented fintech companies.

Target Information

ANTCO. Investment Group AB (publ) has entered into an agreement to acquire a 0.18% stake in BlueBarricade Blockchain & AI Technology AB (“BlueBarricade”) for a total consideration of 1.35 MSEK. This transaction will be executed through a capital increase involving 435,483 newly issued B-shares of ANTCO. at a price of 3.10 SEK per share. Following the transaction, ANTCO's share capital will amount to 2,520,993.90 SEK, with the total number of shares increasing to 10,083,975, comprising 800,000 A-shares and 9,283,975 B-shares. The registration and acquisition of the shares is expected to occur within two weeks, resulting in an approximate dilution of current shareholders of about 4.3%.

Industry Overview

Founded in 2018, BlueBarricade is a pioneering software company operating within the fintech, blockchain, and AI sectors. The company offers a unique blockchain acceleration solution that enables secure high-speed transactions driven by advanced blockchain and AI technology. With a targeted approach, BlueBarricade’s solutions cater to a diverse clientele including corporations, banks, insurance companies, industrial sectors, and the logistics industry.

The fintech industry in Sweden has experienced significant growth over recent years, fuelled by technological advancements and changing consumer behaviors. With an increasing emphasis on digital solutions, numerou