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Sixty Six Capital Announces Closing of Transaction with K33 AB and Board and Management Changes
TMX Newsfile· 2026-03-19 00:49
Core Viewpoint - Sixty Six Capital Inc. has completed a significant transaction with K33 AB, resulting in K33 acquiring approximately 45.47% of Sixty Six's common shares for CAD$4,678,961 [1] Group 1: Transaction Details - K33 has acquired a total of 107,447,331 common shares from significant shareholders of Sixty Six Capital, representing about 45.47% of the issued and outstanding common shares on both an undiluted and partially diluted basis [1] - The purchase price for the transaction was CAD$4,678,961 [1] Group 2: Management Changes - Following the transaction, Torbjørn Bull Jenssen has been appointed as the Chief Executive Officer and director of Sixty Six Capital [2] - Bendik Norheim Schei has been appointed as a director of the Company [3] - David Rowe has resigned as Chief Executive Officer, Chairman, and Director, while Richard Croft has also resigned as a director [4] Group 3: Management Background - Torbjørn Bull Jenssen holds a MSc in Economics and Econometric Modeling and is recognized as a bitcoin and blockchain expert [2] - Bendik Norheim Schei has a Master of Science in Finance & Investments and has held key roles at K33 since 2019, including Head of Research [3]