Fiinu Shareholders Back Everfex Reverse Takeover

Fiinu confirmed that shareholders have approved the planned acquisition of Everfex P.S.A., a company that provides currency hedging solutions for businesses exposed to volatility in the Polish Zloty against major currencies.

The transaction, which was first announced on August 6, 2025, is valued at up to £12 million and qualifies as a reverse takeover under AIM Rule 14. The deal remains subject to final steps including completion of the Acquisition Agreement, Subscription, and Admission.

The initial £8 million payment will take the form of 80 million new Fiinu ordinary shares issued to Everfex's sole shareholder, Granicus Holdings O.Ü, at a price of 10 pence per share. A further £4 million may be issued in shares if Everfex meets performance conditions after January 1, 2026, with those shares priced at 20 pence each.

Fiinu also announced plans to raise approximately £0.8 million through a conditional subscription of new ordinary shares at the issue price, providing additional funding flexibility.

For Fiinu, the deal represents a significant step in expanding its capabilities. Everfex specializes in protecting small and mid-sized businesses from sharp exchange rate movements, particularly around the Polish Zloty, offering hedging solutions against a range of global currencies.