Brief: Vertical Ventures To Acquire Arcane Crypto AS

K33 AB (publ)

04/08/2020 07:41

Aug 4 (Reuters) - Vertical Ventures AB (publ)  VEVEN.ST :
    * TO ACQUIRE ARCANE CRYPTO AS
    * PURCHASE PRICE FOR ARCANE AMOUNTS INITIALLY TO SEK
326,345,000
    * SIGNS SALES AND PURCHASE AGREEMENT FOR ACQUISITION OF ALL
SHARES
IN ARCANE VIA REVERSE ACQUISITION
    * PURCHASE PRICE TO BE PAID VIA ISSUE OF PRELIMINARILY 7 252
111
111 NEW SHARES IN CO
    * SUBSCRIPTION PRICE FOR NEW SHARES IN CO SET AT SEK 0.045
PER
SHARE

Source text for Eikon:  ID:nBQN7ZYnS2 
Further company coverage:  VEVEN.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))