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Graph Blockchain Completes New World Acquisition

Graph Blockchain Completes New World Acquisition
July 6, 2021 @ 10:08 pm By Tony Zerucha
Graph Blockchain has completed its acquisition of art-focused NFT company New World. The $6 million tab was met through the issuance of 46.2 million units in Graph Blockchain capital at 13 cents per. Each unit consists of one common share and one common purchase warrant. Those warrants may be exercised to buy an additional share at 18 cents during the 24-month period following closing.
New World shareholders can receive bonus milestone-based payments of up to $13 million in the same units based on achieving minimum net revenue of $1.5 million by the end of 2021 (with a minimum net profit percentage of 25 per cent) and $6 million by the end of 2022 (with a minimum net profit percentage of 50 per cent). Should New World signs deals with a minimum of 100 artists by the end of this year shareholders can earn an extra 15 million common shares ....

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Graph Blockchain Completes Acquisition of New World

Graph Blockchain Completes Acquisition of New World
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Chinese Crypto Moves to Have Global Effect

Chinese Crypto Moves to Have Global Effect
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Paul Haber - All news and posts by Crowdfund Insider

Paul Haber - All news and posts by Crowdfund Insider
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Graph Blockchain - All news and posts by Crowdfund Insider

Graph Blockchain - All news and posts by Crowdfund Insider
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

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