OliveX Holdings Limited (NSX:OLX) Blue-Chip Investors Validate OliveX Strategy
Blue-Chip Investors Validate OliveX StrategySydney, May 7, 2021 AEST (ABN Newswire) - Digital health and fitness company OliveX Holdings Limited (
NSX:OLX) is pleased to announce it has received investor commitments in the form of placement letters for 8,888,888 shares at A$1.00 per share to raise A$8,888,888.
Subject to shareholder approval at an upcoming General Meeting, the Company will issue 8,888,888 shares, with funds received to finance cash consideration obligations arising from the previously announced acquisition of Six to Start Limited. The balance of funds will be used for working capital purposes.
New investors including EVG Holdings Pte Ltd, Mr Hyung Cheol (James) Lim (Founder of Blocore and Gameberry Inc.) and GBV Capital are joining the register.
3 weeks ago
Six to Start is being acquired by digital health and fitness company OliveX Holdings Ltd.
UK-based Six to Start is a specialist developer and content creator of game-like stories for health and fitness.
Six to Start owns the Zombies, Run! smartphone experience and is the world’s bestselling gamified fitness application, with over 8.5 million downloads.
London, UK – 8 March 2021. UK company Six to Start Limited (Six to Start) is pleased to announce that it is being acquired by OliveX Holdings Limited (NSX: OLX) the digital health and fitness company. OliveX will acquire 100 per cent of the issued shares of Six to Start for an initial cash and share consideration equivalent to US$6,650,000 and deferred, performance-based, consideration in cash and shares of up to US$2,850,000.
Six to Start, The World’s Leading Gamified Fitness Company, Acquired by Australian-Listed OliveX In US$9.5m Deal
Media
Six to Start is being acquired by digital health and fitness company OliveX Holdings Ltd.
UK-based Six to Start is a specialist developer and content creator of game-like stories for health and fitness.
Six to Start owns the Zombies, Run! smartphone experience and is the world’s bestselling gamified fitness application, with over 8.5 million downloads.
London, UK - 8 March 2021. UK company Six to Start Limited (Six to Start) is pleased to announce that it is being acquired by OliveX Holdings Limited (NSX: OLX) the digital health and fitness company. OliveX will acquire 100 per cent of the issued shares of Six to Start for an initial cash and share consideration equivalent to US$6,650,000 and deferred, performance-based, consideration in cash and shares of up to US$2,850,000.
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.