NEWSLETTER: BIGtoken, a pioneer in ethically-sourced data and insights, and BritePool, Inc., a leading privacy-focused provider of verified identities for advertisers, have entered into an agreement to merge the two companies. In this all-stock transaction, BIGtoken (FPVD) will issue shares to purchase the outstanding stock of privately held BritePool.
BIGtoken also announced that it is applying to change its corporate name to BIGtoken, Inc; and has started the process to change the trading symbol for the company. BIGtoken (FPVD) shareholders will own approximately 55% of the BIGtoken’s common stock and BritePool shareholders will own approximately 45% of BIGtoken’s common stock post-merger on an outstanding share basis. The merger is anticipated to close in approximately thirty (30) days, subject to customary closing conditions. BIGtoken (FPVD) will file a Current Report on Form 8-K with the Securities and Exchange Commission disclosing the material terms of the merger within four (4) business days.
