Brief: X2M Connect Signs Strategic Agreement With Greenrock

X2M Connect

29/01/2024 24:40

Jan 29 (Reuters) - X2M Connect Ltd  X2M.AX :
    * SIGNS STRATEGIC AGREEMENT WITH GREENROCK
    * X2M AND GREENROCK HAVE ENTERED INTO A BINDING AGREEMENT
    * GREENROCK WILL TAKE A STRATEGIC STAKE IN X2M THROUGH AN
INVESTMENT OF A$1.3 MILLION
    * ENTERED BINDING AGREEMENT TO ACQUIRE A$0.52 MILLION OF
GREENROCK
SHARES AT A PRICE OF NTD100 PER SHARE
    * GREENROCK WILL OWN 11% OF X2M SHARES FOLLOWING COMPLETION
OF
BOTH SHARE ISSUES

Source text for Eikon:  ID:nASX6vrv4V 
Further company coverage:  X2M.AX 

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