Forming a tech powerhouse

FirstWave completes Opmantek acquisition and Equity Raising
​FirstWave Cloud Technology Limited (ASX: FCT) (FirstWave), the global cybersecurity technology company, is pleased to announce the completion of its acquisition of Opmantek Limited (Opmantek).

The completion comes as Opmantek shareholders holding 100% of the shares in Opmantek have accepted the terms of the Offer announced on 29 November 2021 and all other conditions of the Offer have been satisfied.

FirstWave Executive Chairman, John Grant, said “We are very pleased to complete the acquisition of Opmantek with 100% shareholder support. As we have said from the outset, this acquisition is transformative for FirstWave and its shareholders, it diversifies our revenues, helps us reduce our costs and provides us with access to the lucrative North America market which is very exciting.”