Added to YB: 2026-06-03
Pitch date: 2026-06-01
CYAN.L [neutral]
CyanConnode Holdings plc
+0.58%
current return
Author Info
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Company Info
CyanConnode Holdings plc designs, develops, and sells narrowband radio frequency (RF) mesh and cellular networks that enable Omni Internet of Things (IoT) communications in India, the United Arab Emirates, and internationally.
Market Cap
GBP 30.5M
Pitch Price
GBP 0.09
Price Target
0.10 (+21%)
Dividend
N/A
EV/EBITDA
-13.02
P/E
-6.45
EV/Sales
3.03
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
Monthly SpreadHunters Monitoring - CyanConnode Holdings PLC — NEW
CYAN.L (update): M&A play—Esyasoft (IHC PJSC subsidiary) proposed 10.44p/share (£37.5M) acquisition, board prepared to recommend. PUSU deadline extended 4th time to June 23, 2026, signaling prolonged DD. Current price ~8.5p. Risk: deal fails, Rule 2.8 blocks re-bid 6mo.
Read full article (1 min)