BetMakers MTS, LLC / Protocol Zone wagering intellectual property and software
Completed · Confirmed by · Announced
Transaction
- Buyer
- BetMakers MTS, LLC
- Target
- Protocol Zone wagering intellectual property and software
- Consideration
- A$1.5m purchase price; cash, shares and revenue-linked instalments · BetMakers Technology Group Ltd
A$200,000 upfront comprises A$100,000 cash and A$100,000 in shares. · BetMakers Technology Group Ltd
Remaining A$1.3m is paid from a percentage of increased GTX net revenue, with an option for earlier lump-sum settlement. · BetMakers Technology Group Ltd
This is an IP/software asset acquisition, not the purchase of Protocol Zone itself. · BetMakers Technology Group Ltd
Timeline
- Confirmed by · Completed · BetMakers Technology Group Ltd
- · Announced · BetMakers Technology Group Ltd
Sources
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