Brief: Emerge Announces Signing Of Definitive Agreement To Sell Wagjag For $1M

Emerge Commerce

24/07/2023 12:20

July 24 (Reuters) - Emerge Commerce Ltd  ECOM.V :
    * EMERGE ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT TO SELL
WAGJAG
FOR $1M, CONTINUES TO PRIORITIZE STRENGTHENING BALANCE SHEET AND
UNLOCKING SAVINGS
    * EMERGE COMMERCE LTD - HAS ENTERED INTO A DEFINITIVE
AGREEMENT TO
SELL WAGJAG FOR $1M IN CASH
    * EMERGE COMMERCE LTD - COMPANY CONTINUES TO EXPLORE
ADDITIONAL
STRATEGIC OPPORTUNITIES TO STRENGTHEN BALANCE SHEET AND REDUCE
DEBT
    * EMERGE COMMERCE LTD- FOLLOWING TRANSACTION, EMERGE WILL
RETAIN 5
BRANDS ACROSS 3 VERTICALS (PETS, GROCERY, GOLF) IN CANADA AND
U.S.

Source text for Eikon:  ID:nCNWXvdhDa 
Further company coverage:  ECOM.V 

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