Stockholm, 25 March 2026 — MSTRpay AB (the “Company”) announces the appointment of four new members to its corporate board of directors pursuant to shareholder voting under the Swedish Companies Act. In addition to these appointments, the Company has also made amendments to its charter to prepare the Company for its next phase of corporate development and with its goal of becoming a publicly traded company in Europe by the third quarter of 2026.
The new appointments to the Board of Directors include Dr. John Abeles as Chairman along with existing Chairman emeritus Erik Skjöldebrand, and new directors Dean Petkanas, the Company’s Chief Executive Officer; Seymour Knox IV; and Mikael Andreasson.
Dr. Abeles brings decades of experience across life sciences, finance, and capital markets. He is widely recognized as a serial entrepreneur and company builder, with a background spanning strategic advisory, capital formation, and governance in growth-stage and publicly listed companies. His experience is expected to support MSTRpay’s transition towards a public market environment.
Seymour Knox IV brings significant global corporate experience to the Company with engagements and background in sports, entertainment and fine art. The Knox family is globally known for their foundation of F.W. Woolworth Company and the founding owners of the NHL franchise team Buffalo Sabres. Mr. Knox was a former director of the Buffalo AKG Art Museum (formerly known as the Albright-Knox Gallery), having served at the AKG for over 20 years. Mr. Knox was also one of fourteen commissioners on the New York State Joint Commission on Public Ethics (JCOPE).
Mikael Andreasson is a seasoned business professional with extensive experience in investments, corporate structuring, and strategic advisory. Mr. Andreasson brings strong capital formation and corporate governance experience. He has been a Senior Portfolio Advisor at SEB since 2017 and held several positions at SEB since 2003.
Dean Petkanas brings more than 25 years of experience in investment banking, capital markets, and executive management. He has deep expertise in structuring high-growth enterprises, guiding transformational strategies, and navigating complex financial environments. Prior to joining MSTRpay, Mr. Petkanas led and co-founded companies across sectors including biotechnology and life sciences, where his leadership proved instrumental in developing business models, securing financing, and licensing intellectual property. His appointment marks a significant milestone in MSTRpay’s evolution, reinforcing the company’s mission to deliver next-generation payments, fintech services, and digital commerce solutions.
Strategic Priorities for MSTRpay
The newly constituted Board reflects MSTRpay’s continued progression towards strengthened corporate governance and its next phase of international expansion within digital payments and financial services across emerging markets.
In addition to the Board appointments, the EGM resolved to implement a conditional long-term share-based participation program for founding Board members and the Chairman, structured as a secondary transfer of existing shares from the majority shareholder. The program is designed to align long-term incentives with the Company’s development and planned public listing, without dilution to existing shareholders.
The EGM further resolved to initiate the process for a public listing, authorising the Board to convert the Company into a public limited liability company, engage advisors, prepare listing documentation, and apply for admission to trading on a regulated market or multilateral trading facility.
As part of strengthening the Company’s financial position, the EGM also approved a directed issue of up to 17,000,000 new shares to GlblPay Inc. by way of set-off against verified development costs of EUR 250,000.
The transaction is intended to improve the balance sheet and support the Company’s capital structure ahead of the planned listing.
Furthermore, the EGM adopted new Articles of Association aligned with requirements for publicly listed companies and established an issuance limitation framework to balance future capital raising with shareholder protection.
Commenting on the outcome, Dean Petkanas, Chief Executive Officer, said:
“This is a defining step in MSTRpay’s development. The strengthened Board, combined with the resolutions adopted, positions the Company to advance its governance framework, capital structure, and listing readiness as we move into the next phase of growth.”
About MSTRpay
MSTRpay is a forward-looking fintech company dedicated to enabling seamless, secure, and innovative payment and commerce solutions. With a commitment to customer success, technological excellence, and strategic growth, MSTRpay is positioned to lead in the evolving digital economy.
Media Contact
MSTRpay Communications
media@MSTRpay.com
www.MSTRpay.com
Stockholm, 25 March 2026
MSTRpay AB today announced the outcome of its Extraordinary General Meeting (EGM), held on 24 March 2026, at which shareholders resolved to appoint a new Board of Directors as part of the Company’s ongoing strategic development and preparation for a planned public listing in Europe in the third quarter of 2026.
As a result of the resolutions, Dr. John Abeles was appointed Chairman of the Board.
The Board of Directors consists of the following members:
• Dr. John Abeles – Chairman of the Board
• Dean Petkanas – Chief Executive Officer and Board Member
• Erik Skjöldebrand – Board Member (Chairman Emeritus)
• Seymour Knox IV – Board Member
• Mikael Andreasson – Board Member
The newly constituted Board combines experience across corporate governance, capital markets, international business, and strategic development, establishing a platform aligned with the Company’s next phase of growth.
Board of Directors – Profiles
Dr. John Abeles is an internationally recognised entrepreneur, investor, and corporate leader with extensive experience across healthcare, biotechnology, and capital markets. He has founded and led multiple companies through growth and commercialisation phases, and has served in numerous board and advisory roles. His expertise in corporate governance, capital formation, and regulatory strategy will support MSTRpay’s continued expansion and its preparation for a public listing.
Dean Petkanas, Chief Executive Officer and Board Member, brings more than 25 years of experience in investment banking, capital markets, and international business development. He has been involved in structuring and executing complex transactions across multiple sectors, with a focus on growth strategy, regulatory positioning, and commercial scaling. He is responsible for leading MSTRpay’s strategic execution as the Company expands across emerging markets.
Seymour Knox IV represents a long-standing business and investment legacy, with ties to the founding ownership of the National Hockey League franchise Buffalo Sabres. His background includes exposure to ownership structures, brand development, and long-term asset management across sports and investment environments, contributing to the Board’s strategic breadth.
Mikael Andreasson has experience in corporate development, operational management, and strategic advisory. He has contributed to business structuring, growth initiatives, and commercial execution across a range of activities, providing practical operational insight to support the Company’s expansion.
Erik Skjöldebrand serves as Chairman Emeritus and Board Member, contributing continuity and institutional knowledge to the Company’s governance framework. He has played a key role in earlier development phases and continues to support the Board in a strategic advisory capacity.
Dean Petkanas, Chief Executive Officer of MSTRpay AB, commented:
“The formation of this Board represents an important milestone for MSTRpay. We are bringing together individuals with significant experience across multiple sectors and geographies, strengthening our ability to execute on our strategy. With an operational platform already in place, we are now focused on scaling the business and preparing the Company for a public listing in Europe in the third quarter of 2026.”
The EGM resolutions form part of a broader strategic programme aimed at strengthening corporate governance, enhancing institutional readiness, and supporting continued expansion across emerging markets.
About MSTRpay AB
MSTRpay AB is a financial technology company focused on delivering scalable digital financial services across emerging markets. The Company is developing an integrated financial platform designed to improve access to banking, payments, and financial tools for underserved populations globally.
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