Brief: Safe Lane Gaming Enters Into LoI For Acquisition Of Game

Safe Lane Gaming AB (publ)

26/11/2020 15:16

Nov 26 (Reuters) - Safe Lane Gaming AB (publ)  SAFGb.TE :
    * ENTERS INTO LETTER OF INTENT FOR ACQUISITION OF GAME DEATH DUNGEON : DEMON HUNTING RPG
    *  ACQUIRES GAME FROM REDZAAM GAME LAB IN SOUTH KOREA
    * TOTAL ACQUISITION PRICE UP TO USD 1.9 MILLION
    * OF PURCHASE PRICE $1.2 MILLION IS POTENTIAL ADDITIONAL PRICE BASED ON GAME'S EBIT-EARNINGS
DURING 12-MONTH PERIOD FOLLOWING TAKEOVER

Source text: https://cisn.co/3nVoolR
Further company coverage:  SAFGb.TE 

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