ONGOING MATTERS
In January 2021 MAG Interactive AB acquired all shares in Apprope AB. Since then Apprope AB has been acting as a subsidiary in the MAG group. We are now starting the process of a merger of Apprope into MAG fully, announced on January 22nd in Swedish official Gazette Post- och Inrikes Tidningar.
This legal process usually takes about 4-5 months and means that the legal entity Apprope will cease to exist. Any asset, IP or other right of Apprope AB is transferred to MAG Interactive AB (publ).