Brief: Azerion And Bidstack Announce Full And Final Settlement Of All Previous Claims Outstanding Between The Parties

Bidstack

22/12/2023 07:18

Dec 22 (Reuters) - Azerion Group NV  AZRN.AS :
    * AZERION AND BIDSTACK HAVE TODAY ANNOUNCED THE FULL AND
FINAL
SETTLEMENT OF ALL PREVIOUS CLAIMS OUTSTANDING BETWEEN THE
PARTIES
    * THE TWO COMPANIES WILL ALSO SIGN A NEW COMMERCIAL
AGREEMENT
GRANTING AZERION ACCESS TO BIDSTACK’S IN-GAME ADVERTISING
INVENTORY
    * TOTAL PAYMENT OF EUR 3 MILLION WILL BE MADE BY AZERION FOR
THE
SETTLEMENT AND THE ESTABLISHMENT AND ACTIVATION OF THE TECHNICAL
AND COMMERCIAL COLLABORATION BETWEEN THE COMPANIES, EXPECTED TO
BE OPERATIONAL IN EARLY 2024

Source text for Eikon:  ID:nGNE79gPZd 
Further company coverage:  AZRN.AS ;  BIDS.L 

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