Excelon - $19.27 The Acquisition, Strategic Investment and Transition Agreement
Pursuant to the Acquisition, Facedrive acquired Steer in exchange for aggregate consideration of USD $3,250,000, which was paid through the issuance of 222,819 Facedrive Shares (“Acquisition Shares”), issued at a price of C$19.2737 per Acquisition Share. All Acquisition Shares are subject to an 18-month lock-up.