H100 Shareholders Approve Share Issuance for Moonshot and Never Say Die Acquisitions

Swedish health technology company H100 said its shareholders have approved the share issuance required to complete its acquisitions of Moonshot AS and Never Say Die AS. According to ChainCatcher, the transaction is structured as a share-for-share exchange with no cash consideration. After the acquisitions are completed, H100’s Bitcoin holdings are expected to rise from 1,051 BTC to about 3,500 BTC. The report said this could make H100 Europe’s second-largest publicly listed Bitcoin treasury company, behind Germany’s Bitcoin Group SE. Under terms announced in March, the owners of Moonshot AS and Never Say Die AS are expected to hold about 70% of the combined company after the deal closes, making them the controlling shareholders.