MDGS - Medigus to acquire 50.1% stake in Eventer

Medigus (MDGS) perks 65 premarket after signing of a share purchase agreement and revolving loan agreement with Eventer Technologies Ltd.As part of the agreements, Medigus shall invest up to $1M in Eventer based on a number of milestones and shall loan up to an additional amount of $1.25M.Upon the closing of the transaction, Medigus will hold 50.1% of Eventer's issued and outstanding share capital.Eventer develops unique tools for automatic creation, management, promotion and billing of events and ticketing sales.

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Medigus to acquire 50.1% stake in Eventer