• Metriks AI signed a definitive agreement to acquire 100% of software developer Workgroup from Mare Group and WGS, confirming previously announced terms.
• Mare Group’s 95% stake costs €18.9 million: €7 million cash, €1 million in new shares and €10.9 million in convertible bonds.
• WGS will receive 244,444 new shares valued at €4.50 each, totaling €1.1 million, for the remaining 5%.
• Performance-linked adjustments apply to the convertible bonds; an earn-out of up to €3 million in shares is available for exceeding targets.
• Closing is expected by year-end 2026, subject to conditions; the convertible bonds mature June 30, 2028, with a €11 million maturity value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metriks AI S.p.A. Societa Benefit published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20337-44-2026_TELEBORSA.pdf), on November 12, 2026, and is solely responsible for the information contained therein.