Raketech Extends Casumba Earnout Payment Period to March 2028 and Removes Option to Settle in Shares
Raketech Group Holding Plc (“Raketech” or “the Company”) today announces that it has reached an agreement to extend the earnout payment period related to the acquisition of Casumba Media Ltd. The final earnout payment of EUR 20.6 million, originally due in September 2026, will now be payable up until March 2028. The option to settle part of the remaining earnout in Raketech shares has been removed, with the remaining payments to be made in cash.