Closing of the merger settlement amongst Veoneer, SSW Holdco, SSW Merger Sub Corp, and Qualcommwill take be on 1 April, 2022.
Upon the closing of the merger, new house owners, SSW, plan to nominate Jacob Svanberg, at the moment SVP Lidar product space and company improvement, as Veoneer’s new CEO.
Jan Carlson, chairman, president & CEO since inception in 2018, will give up operational and board roles and be appointed advisor to the board and CEO.
The final inventory buying and selling day on NYSE and SDRs on Nasdaq Stockholm shall be 31 March and the delisting of the SDRs is anticipated on 4 April.
Holders of Veoneer inventory will obtain the total US$37 per share, and the holders of Veoneer SDRs shall be entitled to the corresponding quantity in SEK.
