Brief: Sensen Networks Announces Withdrawal Of Proceedings And Termination Of Placement
30/04/2024 02:47
April 30 (Reuters) - Sensen Networks Ltd SNS.AX :
* WITHDRAWAL OF PROCEEDINGS AND TERMINATION OF PLACEMENT
* MATERIALLY COMPLETED TRANSFER OF INTELLECTUAL PROPERTY
RIGHTS
RELATING SOLELY TO GAMING INDUSTRY
* ENTERED INTO A BINDING MEMORANDUM OF UNDERSTANDING WITH
ANGEL
* ANGEL AND SENSEN HAVE AGREED TO TERMINATE PLACEMENT
AGREEMENT
* ANGEL AND CO AGREED TO FILE STIPULATION OF DISMISSAL
REQUESTING
AUSTRALIAN AND PHILIPPINES COURTS DISMISS ALL CLAIMS
Further company coverage: SNS.AX
((Reuters.Briefs@thomsonreuters.com;))
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