NetworkNewsBreaks – Victory Square Technologies
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Posted On: 03/21/2018 6:06:35 PM
NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) to Acquire Stake in Flo Digital Inc.
Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its entry into a definitive agreement to acquire 49 percent of all issued and outstanding shares of Flo Digital Inc. for C$1 million in total consideration, subject to requisite regulatory approvals. Flo Digital provides immersive and interactive VR ad experiences that aim to completely immerse viewers into the brand experience, essentially allowing them to become the stars of specific advertisements. “We are pleased to announce our investment in Flo Digital Inc., an innovative virtual and augmented reality company focused on disrupting the way advertisers connect with their end customers,” Shafin Diamond Tejani, CEO of Victory Square, stated in the news release. “Flo Digital has a proven track record of providing cutting edge and immersive VR/AR experiences to leading brands that include Chrysler Canada, Warner Bros., and Rogers Wireless to name a few. It is this caliber of customers and execution that makes the entire team at Victory Square eager to work with Flo Digital on their next stage of growth.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its entry into a definitive agreement to acquire 49 percent of all issued and outstanding shares of Flo Digital Inc. for C$1 million in total consideration, subject to requisite regulatory approvals. Flo Digital provides immersive and interactive VR ad experiences that aim to completely immerse viewers into the brand experience, essentially allowing them to become the stars of specific advertisements. “We are pleased to announce our investment in Flo Digital Inc., an innovative virtual and augmented reality company focused on disrupting the way advertisers connect with their end customers,” Shafin Diamond Tejani, CEO of Victory Square, stated in the news release. “Flo Digital has a proven track record of providing cutting edge and immersive VR/AR experiences to leading brands that include Chrysler Canada, Warner Bros., and Rogers Wireless to name a few. It is this caliber of customers and execution that makes the entire team at Victory Square eager to work with Flo Digital on their next stage of growth.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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