Appliqate Inc Acquires Minority Stake in NUI Social

March 26, 2019

Appliqate Inc (OTC: APQT) acquired a minority equity stake in Utah-based NUI Social and purchased NUI's digital wallet assets and associated intellectual property. The deal creates a strategic partnership enabling Appliqate to leverage NUI's large trained sales force to accelerate adoption of Appliqate's blockchain products and token distribution efforts.

Buyers
Appliqate Inc
Targets
NUI Social
Location
Utah, United States
Transaction Type
Growth capital

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