Brief: Color Star Technology Says On June 25, Co, Unit & Former Shareholders Of Unit Entered Into Amendment No. 2 To Share Exchange Agreement

Zeta Network

26/06/2020 23:31

June 26 (Reuters) - Color Star Technology Co Ltd  HHT.O :
    * COLOR STAR TECHNOLOGY - ON JUNE 25, CO, UNIT & FORMER
SHAREHOLDERS OF UNIT ENTERED INTO AMENDMENT NO. 2 TO SHARE
EXCHANGE AGREEMENT
    * COLOR STAR TECHNOLOGY - PURSUANT TO AMENDMENT, CO SHALL
NOT MAKE
ANY EARN-OUT PAYMENT TO FORMER SHAREHOLDERS OF SUNWAY KIDS
    * COLOR STAR TECHNOLOGY - ON JUNE 25, SUNWAY KIDS & YANLIANG
HAN
ENTERED INTO CERTAIN SHARE PURCHASE AGREEMENT
    * COLOR STAR TECHNOLOGY - PURSUANT TO DISPOSITION SPA,
YANLIANG
HAN AGREED TO PURCHASE SUNWAY KIDS IN EXCHANGE FOR CASH
CONSIDERATION OF $2.4 MILLION

Source text: [https://bit.ly/31hEVbH]
Further company coverage:  HHT.O 

 (Reuters.Briefs@thomsonreuters.com)