FingerMotion shares jump 34.35% after Newbit acquisition agreement

Verifying
  • FingerMotion agreed to acquire 100% of Newbit Technology Inc. under a definitive share purchase agreement.
  • US$2.3 million is payable in cash, including approximately US$1.84 million at closing.
  • Sept. 23 agreement targets closing by Oct. 29, subject to a new gas supply agreement.
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