Brief: Facedrive Enters Into A Purchase Agreement To Acquire Food Hwy Canada

Argo

01/10/2020 12:49

Facedrive Inc  FD.V :
    * FACEDRIVE ENTERS INTO A PURCHASE AGREEMENT TO ACQUIRE FOOD
HWY
CANADA
    * FACEDRIVE INC - DEAL FOR $1.5 MILLION IN CASH
    * FACEDRIVE INC - DEAL FOR 551,370 FACEDRIVE SHARES VALUED
AT $7.6
MILLION
    * FACEDRIVE INC - ALSO ACQUIRED BRAND ASSETS, TECHNOLOGY,
IP, AND
TRADEMARKS OF FOOD HWY
    * FACEDRIVE INC - EXPECTS FOOD HWY TO DELIVER $10.5 MILLION
REVENUE IN 2020
    * FACEDRIVE INC - EXPECTS TO GROW ITS COMBINED FOOD DELIVERY
BUSINESS TO$30 MILLION IN REVENUE IN 2021

Source text for Eikon:  ID:nBwbFy35ha 
Further company coverage:  FD.V