CryptoBlox Announces Acquisition of Blockchain Fintech
CryptoBlox Technologies has announced the signing of a binding amended and restated share purchase agreement to acquire 100% of the shares of Blockchain Fintech Unipessoal LDA, a blockchain financial technology company based in Portugal. Under the revised agreement, CryptoBlox will issue 25,000,000 shares of CryptoBlox common stock at a deemed price of $0.20 per share, with a total value of $5 million. However, the transaction is still subject to customary closing conditions, including approval from the Canadian Securities Exchange and due diligence requirements in Hong Kong.
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