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DeepSpatial Inc. Announces Closing of Acquisition of Loc8 Corp. and Sale of Grapevine and Payment of Dividend - Vimarsana News

DeepSpatial Inc. Announces Closing of Acquisition of Loc8 Corp. and Sale of Grapevine and Payment of Dividend

DeepSpatial Inc. Announces Closing of Acquisition of Loc8 Corp. and Sale of Grapevine and Payment of Dividend DeepSpatial" or the " Company") is pleased to announce that it has closed its previously announced transaction (the " Transaction") which involved: (i) the acquisition of all of the issued and outstanding securities in the capital of Loc8 Corp. (now named DeepSpatial (Ontario) Inc.) (" Loc8") by way of a three cornered amalgamation, pursuant to which, a wholly-owned subsidiary of the Company amalgamated with Loc8 (the " Loc8 Acquisition"); (ii) the sale of Grapevine Analytics Inc. to ...