BIGG Digital Assets Acquires TerraZero Technologies Inc.

August 25, 2023

BIGG Digital Assets Inc. entered into a definitive agreement to acquire all outstanding shares of TerraZero Technologies Inc. for approximately 62 million BIGG common shares (valued at about $20 million), with closing expected in September 2023 subject to shareholder and regulatory approvals. TerraZero, a Vancouver-based Web3/metaverse development firm serving clients such as PwC, Warner Music and Miller Lite, will become a wholly-owned subsidiary and is expected to expand BIGG's metaverse capabilities and revenue streams.

Buyers
BIGG Digital Assets Inc.
Targets
TerraZero Technologies Inc.
Sellers
TerraZero shareholders
Industry
Software
Location
British Columbia, Canada
Transaction Type
Buyout

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