Jezby Ventures was announced as the winning bid to acquire Blade SAS from 2CRSI S.A. (ENXTPA:2CRSI) and others on April 30, 2021. Prior to the decision of Paris Commercial Court, 2CRSI entered into an agreement with hubiC wherein the two companies agreed that: (i) 2CRSi sells hubiC its rights to the hardware provided to Blade SAS or Blade Global Corp under all contracts prior to December 31, 2019 in return for a cash payment of €10.5 million (excl. VAT). This amount is in line with the Group’s expectations, and (ii) hubiC is committed to facilitating the return of the remaining equipment from the 2020 contracts, most of which is located in the United States. For information, the historical order value of the equipment to be returned is $19.5 million (approximately €16.2 million). Octave Klaba, the owner of HubiC, parent of Jezby Ventures, plans to keep all employees except Blade Chief Technology Officer, Jean-Baptiste Kempf. Eric Sele will serve as Chief Executive Officer while Octave Klaba will serve as President. Florent Garnier, Florent Berckmans, Aurélien Chirouze, Guillaume Rembry, Guillaume Exerjean and Tatiana Maroslavac of Eight Advisory acted as a legal advisor to Octave Klaba and hubiC, a parent company of Jezby Ventures. François Kopf of Darrois Villey Maillot Brochier acted as legl advisor to Darrois Villey Maillot Brochier. Bredin Prat & Associes acted as leagl advisor to the sellers.