NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Enters Definitive Agreement to Acquire Limitless Blockchain Technology, LLC.
Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it will acquire all issued and outstanding membership interests of Limitless Blockchain Technology, LLC for $5,000,000 Canadian in total consideration, subject to all requisite regulatory approvals. Per the terms of the definitive share purchase agreement executed between the company and the interest owner of Limitless Blockchain, the purchase price will be paid by Victory Square through the issuance of 3,703,703 common shares in the capital of the company at a price of $1.35 Canadian each. The shares will be subject to…