Brief: Adventure Box Technology Enters Into LOI To Buy Blok Sports, Sparx Technologies
Feb 5 (Reuters) - Adventure Box Technology AB (publ)
ADVBOX.ST :
* ENTERS INTO A LOI FOR ACQUISITION AND STRATEGIC EXPANSION
WITH
BLOK SPORTS AND SPARX TECHNOLOGIES
* WILL ACQUIRE 100% OF BLOK AND 51% OF SPARX FOR TOTAL
CONSIDERATION OF $12 MILLION
* PAYMENT STRUCTURE INCLUDES AN INITIAL ISSUANCE OF $3
MILLION IN
COMMON SHARES
Source text: ID:nBQNbjkc9g
Further company coverage: ADVBOX.ST
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