Control Print Acquires IP Rights from CP Italy S.R.L for €2.86M

Control Print Ltd has entered into an Intellectual Property Assignment Agreement with its step-down wholly-owned subsidiary, CP Italy S.R.L, to purchase its Intellectual Property Rights, including patents, for a consideration of Euros 2.86 Million. The transaction aims to consolidate the ownership of the intellectual property within Control Print Ltd. The agreement's effective date is May 8, 2026, and it was approved by the audit committee and board of directors on April 17, 2026. This transaction is considered a related party transaction and is conducted on an arm’s length basis.