Brief: Blue Hat To Aquire The Mobile Game Developer Fuzhou Csfctech CO

Blue Hat Interactive Entertainment Technology

01/12/2020 13:11

Dec 1 (Reuters) - Blue Hat Interactive Entertainment
Technology  BHAT.O :
    * BLUE HAT SIGNS DEFINITIVE AGREEMENT FOR THE ACQUISITION OF
THE
MOBILE GAME DEVELOPER FUZHOU CSFCTECH CO., LTD.
    * BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY - TOTAL
TRANSACTION VALUE IS RMB51.2 MILLION
    * BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY - DEAL IS TO
BE
PAID THROUGH A COMBINATION OF CASH PLUS NEWLY ISSUED SHARES OF
BLUE HAT'S SHARES
    * BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY - ORIGINAL
SHAREHOLDERS OF CSFCTECH SHALL BEAR JOINT LIABILITY FOR
PERFORMANCE AND DEBT OBLIGATIONS

Source text for Eikon:  ID:nPn1FbN5na 
Further company coverage:  BHAT.O 

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