News and Announcements
Crowd Mobile Signs Share Purchase Agreement for Track Concepts Acquisition
- Published September 18, 2015 4:22PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
17th September 2015, ASX Announcement
Crowd Mobile (ASX: CM8 & FWB-XETRA : CM3) is pleased to announce that it has signed a binding Share Purchase Agreement (SPA) with the vendors of Netherlands-based Track Holdings (Track Concepts).
The key terms of the SPA are as follows:
- Total Initial Consideration of €22.4m (AUD$35.5m) which is represented by
– €18.7m (AUD$35.5m) Initial Consideration being €17.0m cash and €1.7m shares (as 15.3 million ordinary shares in CM8 with an issue price of AUD16.3 cents escrowed for 12 months
– €3.7m (AUD$5.8m) Initial Consideration for Net Tangible Assets (NTA); - Vendors services retained under contract until May 2016
To read the full announcement, please click here.
Company Updates
Capital Is Flowing – Just Not to Everyone: Inside Australia’s $1.8 Billion Q1 2026
Australia’s startup ecosystem opened 2026 with a number that demanded attention. In the first three months of the year, $1.8 billion was raised across 81 venture deals and 26 accelerator rounds. That makes Q1 2026 the strongest start to a year since the 2022 boom, up 63% on Q1 2025, and more than double the […]
The control layer for the electrified home
THE MARKET SHIFT Australian households have been pulled into a real-time energy market they never knowingly signed up for. Flat electricity tariffs are disappearing. In their place: dynamic, time-of-use pricing that changes depending on when power is consumed. Electricity is now cheapest when solar floods the grid in the middle of the day — and […]
500 Million Episodes, Limited Treatment: How Patrys is Bridging the Gap in an Underserved Market
In the clinical vocabulary of the Intensive Care Unit, there is perhaps no word that carries as much quiet dread as delirium. It is a “chemical storm” of the brain—an acute dysfunction where the delicate balance between calming and activating signals is scrambled. For the patient, it can be a waking nightmare of hallucinations and […]
Backed By Leading Investment Groups and Family Offices
