GREY:VYGVQ - Post by User
Post by
etceteraon Feb 28, 2019 11:45am
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VOYAGER ACQUIRES ...
VOYAGER ACQUIRES ...VOYAGER ACQUIRES LEADING WALLET, SELF CUSTODY, CRYPTO SERVICE FROM PROVIDER ETHOS Voyager Digital (Canada) Ltd. is acquiring from Singapore-based Ethos.io Pte. Ltd. certain of Ethos's assets, including the Ethos Universal Wallet, Ethos Bedrock, certain blockchain technology and related intellectual property, and an allocation of Ethos tokens.
The acquisition price for the assets is 7,000,000 common shares of Voyager. Of those shares:
- 2,666,667 will be held in escrow for 24 months against any future indemnity claims by the Company;
- 1,000,008 shares (the "Services Escrow Shares") will be held in a separate escrow pending the Ethos Investors remaining involved with Voyager (see below); and
- The balance of 3,333,325 shares will be delivered to Ethos.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aVYGR-2724319&symbol=VYGR®ion=C