Brief: Quisitive Announces Sale Of PayiQ

Quisitive Technology Solutions

28/11/2023 23:09

Nov 28 (Reuters) - Quisitive Technology Solutions Inc
 QUIS.V :
    * QUISITIVE ANNOUNCES SALE OF PAYIQ
    * QUISITIVE TECHNOLOGY SOLUTIONS INC -  ENTERED INTO A
DEFINITIVE
STOCK PURCHASE AGREEMENT DATED NOVEMBER 28, 2023 WITH FULCRUM IT
PARTNERS
    * QUISITIVE TECHNOLOGY SOLUTIONS INC -  PURSUANT TO STOCK
PURCHASE
AGREEMENT QUISITIVE HAS AGREED TO SELL ITS LEDGERPAY, INC
    * QUISITIVE TECHNOLOGY SOLUTIONS-SALE CONSIDERATION OF PAYIQ
SUBSIDIARY WILL CONSIST OF ISSUANCE OF 27,000 PREFERRED SHARES
OF FULCRUM PAYMENTS TO CO
    * QUISITIVE TECHNOLOGY SOLUTIONS:  UPON CLOSING OF
TRANSACTION
QUISITIVE WILL SECURE A POSITION ON BOARD OF DIRECTORS OF
FULCRUM'S PAYMENTS BUSINESS
    * QUISITIVE TECHNOLOGY SOLUTIONS INC: CEO MIKE REINHART WILL
ASSUME ROLE AS A BOARD MEMBER IN FULCRUM'S PAYMENTS BUSINESS

Source text for Eikon:  ID:nGNX5TzzKM 
Further company coverage:  QUIS.V 

 ((reuters.briefs@thomsonreuters.com;))