Brief: Leaf Mobile To Acquire All Securities Of East Side Games For $150 Mln

East Side Games

07/10/2020 19:29

Oct 7 (Reuters) - Leaf Mobile Inc  LEAF.V :
    * LEAF ANNOUNCES LETTER OF INTENT WITH EAST SIDE GAMES
    * LEAF MOBILE INC - LEAF WILL ACQUIRE ALL OF SECURITIES OF
EAST
SIDE GAMES FOR $150 MILLION
    * LEAF MOBILE INC - LEAF WILL UNDERTAKE AN EQUITY FINANCING
TO
RAISE AT LEAST $50 MILLION
    * LEAF MOBILE INC - LEAF SHARES COMPRISED IN SECURITIES
OFFERED
UNDER FINANCING WILL NOT EXCEED OVER 25% OF ISSUED, OUTSTANDING
LEAF SHARES AT CLOSING

Source text for Eikon:  ID:nCNW4p6wMa 
Further company coverage:  LEAF.V 

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