Brief: Akerna Receives Superior Acquisition Proposal, Terminates Agreement With Posabit

American Bitcoin

07/04/2023 12:34

April 7 (Reuters) - Akerna Corp  KERN.O :
    * AKERNA RECEIVES SUPERIOR ACQUISITION PROPOSAL, TERMINATES
AGREEMENT WITH POSABIT
    * AKERNA CORP - RECEIVED AN UNSOLICITED ACQUISITION PROPOSAL
THAT
AKERNA'S BOARD HAS DETERMINED IS A SUPERIOR OFFER, FROM AN
UNDISCLOSED COMPANY
    * AKERNA CORP - AN UNSOLICITED ACQUISITION PROPOSAL FOR
AKERNA'S
SOFTWARE BUSINESS
    * AKERNA CORP - BOARD APPROVED TERMINATION OF AGREEMENT FOR
SALE
OF ITS SOFTWARE BUSINESS TO POSABIT
    * AKERNA CORP - TERMINATION FEE DUE TO POSABIT UNDER TERMS
OF
AGREEMENT WILL BE BORNE BY UNDISCLOSED PARTY

Source text for Eikon:  ID:nGNX4yknkG 
Further company coverage:  KERN.O 

 ((Reuters.Briefs@thomsonreuters.com;))