Seven Oaks Capital to buy Texdata for EUR 7.5 million cash plus shares

Seven Oaks Capital agreed a definitive deal dated Sept. 28, 2026 to buy Romanian apparel maker Texdata via a Romanian subsidiary. Consideration includes EUR 7,500,000 cash plus shares, with current Seven Oaks holders retaining 43.6% ownership post-deal; Liviu Solomon gets 2,000,000 shares and 860,000 shares are earmarked as a finder’s fee. Financing includes a planned $0.80 subscription-receipt raise of USD 4 million to USD 8.4 million and a planned EUR 3,500,000 term loan at 5.568% to partially fund the purchase.