Believe: Upbeat Bidco exceeds 2/3 of capital and rights







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(Boursier.com) — The company Upbeat Bidco declared having crossed upwards, on April 18, 2024, the thresholds of 5% up to 2/3 of the capital and voting rights of the company Believe, and hold 69,835,174 shares representing 118,280,896 voting rights, or 71.90% of the capital and 77.80% of the voting rights. As of the date of the declaration, Upbeat Bidco holds 71.88% of the capital and 71.00% of the voting rights. This crossing of thresholds is due to the acquisition of 58,983,854 shares Believe following irrevocable commitments to sell by certain shareholders, as part of a proposed simplified public purchase offer for the shares of Believewithout intention of squeeze-out.


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