CLP congratulates Arribatec on a contemplated reversed takeover of Hiddn Solutions ASA
Arribatec is a fast-growing software & consulting company delivering next generation postmodern ERP solutions sold either as a Software as a Service (“SaaS”) or Solution as a Service (“SolaaS”).
Arribatec and the majority of its shareholders have entered into a share exchange agreement with the Oslo Stock Exchange listed company Hiddn Solutions ASA in which Arribatec shares will be exchanged into new shares in Hiddn Solutions ASA, and the exchange ratio is 80-20% in favour of the Arribatec shareholders.
See further information here.
CLP congratulates Arribatec on the transaction.
CLP acted as legal advisor to Arribatec on the transaction, with a core team consisting of Andreas Kildal and Christian Vestheim.