Meta Pixel

News and Announcements

Crowd Mobile Track Acquisition Update

  • Published October 23, 2015 4:55PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

23rd October 2015, ASX Announcement

Crowd Mobile Limited (ASX: CM8 & FWB-XETRA: CM3) (Crowd Mobile or the Company) is pleased to confirm that all conditions precedent to the completion of the acquisition of 100% of the share capital in Track Holdings B.V. (Track Acquisition) under the share purchase agreement (SPA) have been met except for the completion of financial settlement which will occur at closing next week.

The Company is also pleased to advise that it has entered into variation to the existing SPA (Variation) to enable the immediate finalisation of the Track Acquisition. The key terms of the SPA are provided below.

To read the full announcement, please click here

 

Capital Insights
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 […]

Join over 45,000+ sophisticated investors

Join Now