BackSpin Completes Squeeze-Out of Spindox and Triggers Delisting from Euronext Growth Milan

Spindox S.P.A ( (IT:SPN) ) has issued an update.

BackSpin S.p.A., having promoted a mandatory full takeover bid for Spindox S.p.A., has completed the joint procedure to acquire all remaining outstanding shares not yet held, representing 1.26% of Spindox’s share capital, at a price of €13.00 per share, by depositing the full consideration with Banca Akros on behalf of minority shareholders. With the transfer of these remaining shares to BackSpin finalized and Borsa Italiana ordering the exclusion of Spindox’s shares from trading on Euronext Growth Milan effective 29 January 2026, Spindox is now delisted, ending public trading in its stock and concentrating ownership in the bidder, with payment logistics and any unclaimed proceeds managed through depositary intermediaries and subject to statutory limitation periods.

The most recent analyst rating on (IT:SPN) stock is a Buy with a EUR15.80 price target. To see the full list of analyst forecasts on Spindox S.P.A stock, see the IT:SPN Stock Forecast page.

More about Spindox S.P.A

Spindox S.p.A. is an Italian company whose shares, until now, were traded on the Euronext Growth Milan market; it operates under Italian securities regulation and corporate by-laws that allow for a mandatory takeover process and subsequent delisting once an acquiring shareholder surpasses key ownership thresholds.

Average Trading Volume: 21,816

Technical Sentiment Signal: Buy

Current Market Cap: €76.79M

See more data about SPN stock on TipRanks’ Stock Analysis page.