Update on NationSky Divestment

We wanted to provide an update on the contemplated sale of the Company’s NationSky business (the “NationSky Divestment”). As we highlighted in our blog post last week on December 23rd, this divestment is moving forward with the cooperation of all parties involved.

The Company has now received 100% of the overall purchase price in cash, and all parties are now working to formally close this divestment fully.