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Last Trade - 30/01/18

Sector
Healthcare
Size
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1782

BRIEF-QuickCool Enters LOI With Canadian Esport Company GameCubed Inc.

Thu 13th February, 2020 9:18am
Feb 13 (Reuters) - QuickCool AB  QUICK.TE :
    * ANNOUNCED ON WEDNESDAY HAS ENTERED INTO A LETTER OF INTENT
REGARDING THE POTENTIAL REVERSE TAKEOVER OF QUICKCOOL BY ESPORT
COMPANY GAMECUBED INC.
    * ENTERED INTO A LETTER OF INTENT WITH CANADIAN ESPORT
COMPANY
GAMECUBED INC. AND ITS SHAREHOLDERS PURSUANT TO WHICH THE
SHAREHOLDERS OF GAMECUBED AGREED TO TRANSFER A 100% HOLDING IN
GAMECUBED TO QUICKCOOL IN EXCHANGE FOR NEWLY ISSUED QUICKCOOL
SHARES 
    * THE COMPLETION OF THE TRANSACTION IS SUBJECT TO A NUMBER
OF
CONDITIONS, INCLUDING THE EXECUTION OF BINDING AGREEMENTS AND
THE REQUIRED SHAREHOLDER AND STOCK EXCHANGE APPROVALS
    * THE INDICATIVE PURCHASE PRICE FOR GAMECUBED IS CAD 12
MILLION,
BUT IS SUBJECT TO FINAL NEGOTIATION
    * THE PARTIES AIM IS FOR THE TRANSACTION TO BE COMPLETED IN
APRIL
2020

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr8mFzcj
    
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