NetworkNewsBreaks – Victory Square Technologies
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Posted On: 04/17/2018 5:08:41 PM
NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Acquires Stake in LocoNoco, Inc.
Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it has entered into an agreement to acquire 9.09% of all issued and outstanding shares of LocoNoco, Inc. for $500,000, subject to all requisite regulatory approvals. LocoNoco Inc. is a cloud-native decision-making platform that delivers simplicity, reusability and transportability in an era of smart, automated processes. Per the definitive share purchase agreement, Victory Square will satisfy the purchase price through cash installments totaling $500,000. “This investment, along with others we have made thus far in 2018, are aligned with our thesis at Victory Square that emerging technologies such as AI and Blockchain will bring major changes to traditional business models,” Victory Square CEO Shafin Diamond Tejani stated in the news release.
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 that it has entered into an agreement to acquire 9.09% of all issued and outstanding shares of LocoNoco, Inc. for $500,000, subject to all requisite regulatory approvals. LocoNoco Inc. is a cloud-native decision-making platform that delivers simplicity, reusability and transportability in an era of smart, automated processes. Per the definitive share purchase agreement, Victory Square will satisfy the purchase price through cash installments totaling $500,000. “This investment, along with others we have made thus far in 2018, are aligned with our thesis at Victory Square that emerging technologies such as AI and Blockchain will bring major changes to traditional business models,” Victory Square CEO Shafin Diamond Tejani stated in the news release.
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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