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Built Cybernetics to Buy Ecolibrium, Halt Trading Amid Fundraising

MT Newswires·09/28/2026 03:05:18
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03:05 AM EDT, 09/28/2026 (MT Newswires) -- Built Cybernetics (BUC.L) will purchase technology company Ecolibrium via a reverse triangular merger, according to a Monday filing. The smart buildings group will pay the consideration via shares, which will be issued through a fundraiser. The company added that its trading on the London bourse's AIM segment will be suspended while it conducts the fundraiser. Built Cybernetics said the transaction, which is set to expand its portfolio and footprint, is subject to requirements such as the completion of due diligence, shareholder approval, and a definitive agreement.