The management board of cyber_Folks has decided to initiate the process of building a book of demand for no more than 1,134,400 new shares in order to raise financing for upcoming M&A transactions. Currently, the Group has identified five potential acquisition targets, each valued between €15 million and €150 million. Over the next 12 months, the Group may complete one or several transactions with a total value of up to PLN 1 billion, financed either from the proceeds of the share issue or through a combination of equity and debt financing.
The planned increase in share capital, representing up to 8 percent of the existing shares, will be carried out within the limits of the authorized capital approved by the General Meeting of Shareholders in May 2025.
“Strategically, the share issue will strengthen our M&A activities. By securing financing at this stage, we will gain greater flexibility and negotiation power, similar to the case of MailerLite’s acquisition by Vercom following its successful IPO. We are analyzing several companies that could potentially expand our client base and international presence, while enabling sales, cost, and R&D synergies,” commented Jakub Dwernicki, CEO of cyber_Folks.
According to the Group’s strategy, the potential acquisition targets are technology companies operating in areas where cyber_Folks is already active. Completing such transactions would strengthen the Group’s customer base, create cross-selling opportunities, enhance its international standing, diversify geographic revenue streams, and deliver synergies in R&D and international product sales. Their EV/EBITDA multiples range from high single digits to mid-double digits, based on 2026 forecasts and factoring in identified synergies.
“The planned acquisitions should boost revenues from existing or new international markets, further strengthening our position in Europe,” added Dwernicki.
The issue is being carried out through a private subscription and is directed at qualified investors, with the complete exclusion of pre-emptive rights. However, cyber_Folks shareholders who, as of the end of September 5, 2025, held at least 0.5 percent of the company’s shares, will be entitled to priority rights to subscribe for new shares in a number sufficient to maintain their shareholding in the total voting rights at the General Meeting at the level prior to the Series E share issue.
On September 8, 2025, cyber_Folks signed a share placement agreement with mBank S.A. – Brokerage House, and Wood & Company Financial Services, a.s., Joint Stock Company, Polish Branch.
Source: ceo.com.pl
