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At the Extraordinary General Meeting (the “EGM”) of Sleep Cycle AB (publ) on 26 July 2023, it was resolved to elect Maciej Drejak as new Board member.

On the 27th of July, at 9:30 CET, Sleep Cycle will present the interim report for April-June 2023 for shareholders, media and other stakeholders. Participants will be able to follow the presentation via webcast.

The shareholders of Sleep Cycle AB (publ) (“Sleep Cycle”), reg. no. 556614-7368, are hereby invited to attend the Extraordinary General Meeting (the “EGM”) to be held on 26 July 2023 at 14:00 CEST at the company’s head office, floor 20, Drakegatan 10, 412 50 Gothenburg, Sweden. Admission and registration for the EGM will begin at 13:30 CEST.

The Nomination Committee has today announced the proposal to elect Maciej Drejak as new Board member. The Board of Directors of Sleep Cycle therefore intends to convene an Extraordinary General Meeting (“EGM”).

Sleep Cycle (ticker: Sleep), market leader within sleep tracking, intends to launch several measures to increase efficiency and adjust the operation to current uncertain market climate. The cost efficiency program is to affect about ten positions, decreased investments in non-core activities and reduced marketing spending. Total savings are estimated to ca SEK 25m on full-year basis. The changes are expected to be fully implemented by the fourth quarter 2023. The impact on subscription growth is expected to be limited.

At the Annual General Meeting (the “AGM”) of Sleep Cycle AB (publ) on 8 May 2023, the following was resolved.

The first quarter in summary (January-March 2023)

On the 27th of April, at 9:30 CET, Sleep Cycle will present the interim report for January-March 2023 for shareholders, media and other stakeholders. Participants will be able to follow the presentation via webcast.

The Nomination Committee has been informed that Ödgärd Andersson declines re-election to the Board of Directors at the upcoming Annual General Meeting in Sleep Cycle due to lack of time as a result of other assignments, and the Nomination Committee therefore revises its proposal for election of members of the Board of Directors of Sleep Cycle ahead of the Annual General Meeting 2023. With an amendment to what is stated in the notice to the Annual General Meeting, the Nomination Committee thus proposes that the number of Board members should comprise of a total of four Board members to be elected by the meeting, with no deputies, and that the Board members Anne Broeng, Olof Nilsson and Rasmus Järborg should be re-elected as Board members, and Mathias Høyer shall be elected as new Board member.

The shareholders of Sleep Cycle AB (publ) (“Sleep Cycle”), reg. no. 556614-7368, are hereby invited to attend the Annual General Meeting (the “AGM”) to be held on 8 May 2023 at 10.00 CEST at Jacy’z hotel, floor 24, Drakegatan 10, 412 50 Gothenburg, Sweden. Admission and registration for the AGM will begin at 9.30 CEST.

Sleep Cycle, the world’s most popular sleep tracking application, has published Annual Report 2022 for the financial year which covers January 1 to December 31, 2022.

The Nomination Committee of Sleep Cycle AB submits the following proposals for resolution at the Annual General Meeting of shareholders, regarding the number and election of members of the Board of Directors. 

Sleep Cycle, the market-leading sleep tracker, today announced the launch of ‘Sleep Cycle Kids’,  a science-based app providing parents with tools to optimize the children’s sleep - and how to help their kids sleep better to optimize well-being for the whole family.

Despite a challenging year and an uncertain environment, Sleep Cycle increased both growth and operating margin compared to the previous year. Revenue for the whole year increased by 16.6% (14.7%) to mSEK 213.3 and the adjusted operating margin amounted to 22.0% (19.9%) . Some of the highlights during the year included the launch of new features such as automatic sleep monitoring via Apple Watch, a partnership with Gympass and during the fourth quarter the launch on Huawei in China.

On the 10th of February, at 9:30 CET, Sleep Cycle will present the year-end-report 2022 for shareholders, media and other stakeholders. Participants will be able to follow the presentation via webcast.

To increase the focus on subscription growth, the Marketing and Growth teams will be further integrated with the Product teams. Due to this change, Samuel Cyprian, Chief Commercial Officer, will take on the role of Chief Product Officer and lead both teams. As a result, Sandra Hansson will leave the management team for another role in Sleep Cycle and the position as Chief Commercial Officer will not be appointed. 

In light of the public cash offer by Velvet Cichlid AB, a company controlled by a consortium consisting of GLA Invest SA, MCGA AB, h265 AB and Petter Wallin, and in order to provide the shareholders with updated information concerning Sleep Cycle AB (publ):s (“Sleep Cycle”) financial performance, Sleep Cycle announces preliminary financial information for the period 1 October–31 December 2022 and the full year 2022, respectively. The information precedes the year-end report for 2022, which will be published on 10 February 2023.

Following an overall assessment, the Board is of the opinion that the Offer does not reflect Sleep Cycle’s growth potential and fundamental value.

Gothenburg, Sweden — 19 December 2022 - Velvet Cichlid AB[1] (the “Bidder”), a company controlled by a consortium consisting of GLA Invest SA, MCGA AB, h265 AB and Petter Wallin, today announced a public takeover offer to the shareholders of Sleep Cycle AB (publ) (“Sleep Cycle”) to sell all shares in Sleep Cycle to the Bidder at a price of SEK 42.50 in cash per share (the “Offer”).

Sleep Cycle, the market-leading sleep tracker, today announced that it is now available on Huawei in China, adding over 100 million new users to its reach. Expanding to new platforms and becoming accessible on new devices is part of Sleep Cycles strategy to grow number of users and subscriptions.

Sleep Cycle, the market-leading sleep tracker, today announced that Maria Larsson, machine learning engineer at Sleep Cycle, has been featured in Apple’s Simply Outstanding Women, which spotlights women and non-binary people  and their contributions to the iOS app economy. Maria’s integral work on Sleep Cycle’s latest ‘Who’s snoring?r’ feature was key to her selection, released today exclusively for iOS users.