TORONTO, May 15, 2026 /CNW/ - Baylin Technologies Inc. (the "Company") (TSX: BYL) (OTCQB: BYLTF) is pleased to announce that, in connection with its previously announced acquisition of Kaelus AB (the "Acquisition"), it has now secured the financing necessary to complete the Acquisition and has received written consent of the Company's controlling shareholder, 2385796 Ontario Inc. (the "Controlling Shareholder"), as required by the Toronto Stock Exchange ("TSX"). Closing is expected to occur on or about May 27, 2026, subject to satisfaction of customary and other closing conditions.
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BAYLIN TECHNOLOGIES ANNOUNCES SATISFACTION OF FINANCING CONDITIONS TO COMPLETION OF THE ACQUISITION OF KAELUS AB
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