Leading global digital health and fitness company OliveX Holdings Limited (NSX:OLX) has today signed a milestone partnership with world-renowned Les Mills, the leading health and fitness brand to stream all of the ground-breaking Les Mills-created group exercise content using OliveX s web-player platform.
OliveX Holdings Limited (NSX:OLX) Acquires Leading Gamified Fitness Company
Acquires Leading Gamified Fitness CompanySydney, Mar 5, 2021 AEST (ABN Newswire) - Digital health and fitness company OliveX Holdings Limited (
NSX:OLX) is pleased to advise that it has entered into a share purchase agreement (the Acquisition) for the acquisition of 100% of the issued shares of UK company Six to Start Limited (Six to Start) for an initial cash and share consideration equivalent to US$6,650,000 (~ A$8,482,000) and deferred, performance based, consideration in cash and shares of up to US$2,850,000 (~ A$3,635,000).
The key terms of the Acquisition are set out in the Schedule to this release.
Global digital health and fitness company OliveX Holdings Limited (NSX:OLX) is pleased to provide an update in relation to its announcement dated 4 January 2021, regarding the strategic placement to Gym Aesthetics GmbH ( Gym Aesthetics ) of 1,666,667 shares at $0.45 each to raise A$750,000.
OliveX Holdings Limited (NSX:OLX) OliveX Share placement and intention for Joint Venture
OliveX Share placement and intention for Joint VentureSydney, Dec 29, 2020 AEST (ABN Newswire) - Global digital health and fitness company OliveX Holdings Limited (
NSX:OLX) today announced that it has signed an agreement with Allied Ocean Ventures Limited ( Allied Ocean ) for the placement of 3,000,000 OliveX shares at A$0.20 per share.
Allied Ocean is affiliated with the general partner of Ascendent Capital Partners, a private equity fund with investments in high-tech businesses in China including Meituan (HKEx: 3690 HK), a leading e-commerce platform for consumer services and one of the largest consumer technology companies in China, and Wumart, one of the largest online and offline grocery retailers in China.