Tokens.com to Acquire Remaining Minority Stake in Metaverse Group

April 18, 2023

Tokens.com Corp. agreed to acquire the remaining issued and outstanding shares of Metaverse Group Ltd. that it does not already own, moving from a majority stake to 100% ownership. The consideration will be paid via issuance of 24,380,000 Tokens.com common shares, subject to shareholder and NEO Exchange approval, with an expected closing in May 2023.

Buyers
Tokens.com Corp
Targets
Metaverse Group Ltd
Sellers
Minority shareholders of Metaverse Group Ltd
Industry
Cloud & SaaS
Location
Ontario, Canada
Transaction Type
Buyout

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