Awardit has entered into a term sheet regarding the acquisition of Market2Member AB

10/7/2019

Awardit and the owners of Market2Member AB (M2M) have today signed a term sheet covering the acquisition of 100 percent of the shares in M2M by Awardit. The purchase price has been agreed to SEK 13 million, divided in a preliminary payment of SEK 9.75 million and a possible additional payment of SEK 3.25 million in 12 months. It is the intention of the parties to conclude a final acquisition agreement in November 2019.