2023-06-12 10:24:01 ET
- Live Current Media ( OTCQB:LIVC ) to acquire Total Communicator Solutions of San Diego in an all-stock transaction.
- Pursuant to the terms of the LOI, the parties intend to sign a definitive agreement by July 27 th , 2023.
- Final terms to be disclosed in the agreement
- "This acquisition will speed up the growth of Live Current immensely as we continue to build a unified platform that ties creators, audiences, fans, brands and businesses together. Mr. Bjontegard and his team have put together a fantastic product in a rapidly growing sector that is almost certain to increase in popularity. His experience from launching VR platforms such as Vuforia and location beacon platforms such as Gimbal when he was in Corporate Development at Qualcomm will prove invaluable as we move into this world of AI and contextual intelligence." said Live Current CEO Mark Ollila.
For further details see:
Live Current Media up 60% on acquiring Contextual Intelligence Company