FingerMotion Agrees To Purchase 100% Of Issued And Outstanding Shares Of Newbit For $2.3M In Cash
Definitive share purchase agreement implements the previously announced binding commitment for Brooks Campus #1; cash consideration of US$2.3 million on a cash-free, debt-free basis; closing targeted on or before
FingerMotion is buying another company called Newbit for 2.3 million dollars. When companies buy other companies, watch if they are getting stronger or just spending cash they might need.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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