Brief: mPay Sings Letter Of Intent With Techstreet Capital For Equity Investment

mPay SA

14/04/2025 06:35

April 14 (Reuters) - mPay MPAY.WA:

SAID ON SATURDAY THAT IT HAS SIGNED A LETTER OF INTENT WITH TECHSTREET CAPITAL FUND, GRUPA LEW AND ANDRZEJ BANASIAK

LETTER OF INTENT FOR PRELIMINARY TERMS AND CONDITIONS OF TECHSTREET CAPITAL'S INVESTMENT IN MPAY

UNDER LETTER TECHSTREET CAPITAL TO INVEST 1 MILLION ZLOTY INTO MPAY, AND CONSEQUENTLY POTENTIALLY TO BUY 9.9% OF STAKE IN COMPANY FROM GRUPA LEW AFTER CONDUCTING DUE DILLIGENCE

DUE DILLIGENCE IS TO BE CONDUCTED BY MAY 16

TECHSTREET CAPITAL IS CONSIDERING ACQUIRING UP TO 40% OF STAKE IN COMPANY

 Source text for Workspace: nEM4njNSa
 Further company coverage: MPAY.WA

 (Gdansk Newsroom)

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