Added to YB: 2026-07-17
Pitch date: 2026-07-11
CYAN.L [neutral]
CyanConnode Holdings plc
+6.17%
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 28.5M
Pitch Price
GBP 0.08
Price Target
0.10 (+21%)
Dividend
N/A
EV/EBITDA
-12.50
P/E
-6.04
EV/Sales
2.91
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
Monthly SpreadHunters Monitoring - CyanConnode Holdings PLC (AIM: CYAN) - M&A
CYAN.L (update): Pure M&A play. Esyasoft (IHC PJSC subsidiary) proposed 10.44p/share (£37.5M) acquisition, board prepared to recommend. Now 5th PUSU extension to July 21, 2026—DD ongoing but slow. Trades ~8.5p (~23% spread). Risk: Esyasoft withdraws, triggering Rule 2.8 (6mo ban).
Read full article (2 min)