Meta Pixel

News and Announcements

Acquisition of Consumer Engagement Company nTouch Finalised

  • Published October 27, 2015 2:35PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

26th October 2015, ASX Announcement

  • YPB completes acquisition of proximity marketing & B2C engagement technology company nTouch
  • Excellent product and path to revenue synergies adding to YPB’s CONNECT strategy
  • nTouch to provide additional distribution channels within Australia, India & USA
  • $4.5 million all scrip acquisition

Anti-counterfeiting technology company YPB Group Limited (ASX:YPB) has signed a Share Sale and Purchase Agreement to acquire all the issued shares of proximity marketing technology company  nTouch Holdings Pty Ltd (“nTouch”). The closing date of the transaction is 30 October 2015.

Under the all scrip acquisition nTouch vendors will be issued $4.5 million in fully paid ordinary shares of YPB at $0.35 per share. Of the 12,857, 143 shares issued  7,728,937 will be subject to voluntary escrow for 12 months and 5,128,206 subject to volunrary escrow for 18 months.

To read the full announcement, please click here. 

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now