Brief: STRAX Divests Clckr, Jewel, Fundamental Brands

Strax AB

03/04/2024 07:16

April 3 (Reuters) - STRAX AB  STRAX.ST :
    * SAID ON TUESDAY IT ENTERED INTO AN ASSETS PURCHASE
AGREEMENT
WITH MATTER BRANDS, LLC TO DIVEST BRANDS CLCKR, JEWEL AND
FUNDAMENTAL
    * ALSO DIVESTS KEY CUSTOMER CONTRACTS AND MAJORITY OF US
ORGANISATION
    * MATTER BRANDS, LLC PAYS BY ISSUING NEW SHARES
CORRESPONDING TO
40% OF OUTSTANDING SHARES IN MATTER BRANDS, LLC 

        
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