Scout Gaming Group is preparing to leave the public market after completing the sale of its operating business, marking the final phase of its transition away from active operations. The company has applied to delist its shares from Nasdaq First North Growth Market, with approval already granted and the last day of trading set for March 31, 2026.

The decision follows the divestment of its core subsidiary, Scout Holding Ltd, to ImpactWin Group AB in a transaction structured entirely through shares. With no remaining business activities, the company’s board concluded there was no justification for maintaining its public listing.

Sale Reshapes Company Structure

The agreement with ImpactWin, finalized earlier in March and approved by shareholders on March 30, transfers Scout’s operating arm in exchange for newly issued shares rather than cash. The deal carries a value of SEK25 million (€2.28 million), with Scout receiving 10,591,102 ImpactWin shares priced at approximately SEK2.36 each.

This stake represents roughly 15% of ImpactWin’s enlarged share capital, with the acquiring company valued at SEK140 million before the transaction. Once the deal closes, expected in April 2026, these shares will become Scout’s primary remaining asset.

The company confirmed that, following the divestment, it no longer operates any active business. “Following the completion of the divestment of the Company’s subsidiary Scout Holding Ltd to ImpactWin Group AB, the Company no longer conducts any operating business,” the company stated in its filing.

The shift effectively transforms Scout into a holding entity with no operational activities, prompting the move toward delisting.

As NEXT.io reports, Nasdaq First North Growth Market has approved Scout’s request to remove its shares from trading. The final trading session is scheduled for March 31, 2026, marking the company’s official exit from the exchange.

The board submitted the delisting application after securing shareholder approval at an extraordinary general meeting. A formal timeline for the complete removal of the shares from the marketplace is expected to be confirmed following standard procedures.

Scout’s departure from the public market comes after a period of financial strain. The company reported significant revenue declines in its third-quarter results last year, which contributed to a sharp drop in its share price.

Distribution Plan and Liquidation

Following the completion of the transaction, the board plans to distribute the ImpactWin shares directly to its own shareholders. This distribution will take place in proportion to existing shareholdings and will follow the framework outlined in Chapter 18 of the Swedish Companies Act.

To facilitate this process, the company intends to convene another extraordinary general meeting where shareholders will vote on the proposed distribution. Once completed, the board aims to proceed with a voluntary liquidation of the company.

The sequence of steps reflects a structured wind-down process. First, the company finalizes the sale and receives the consideration shares. Next, it distributes those shares to investors. Finally, it moves toward dissolving the corporate entity.

Scout Gaming Group previously operated as a B2B supplier focused on daily fantasy sports, sportsbook solutions, and related betting products. Its platform supported multiple sports and leagues and was developed through operations based in Lviv, Ukraine, with headquarters in Stockholm.

With the sale now approved and delisting underway, the company is entering its final phase as a listed entity. The upcoming distribution and liquidation steps will determine how its remaining value is returned to shareholders.