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Thursday, December 16, 2021 10:47:10 PM
Technology company Medigus Ltd. (NASDAQ: MDGS, Forum) released details on a move by its affiliate, Gix Internet (TASE: GIX), a global marketing technology solutions company for online performance-based-marketing, announced that its subsidiary, Gix Media signed a definitive agreement for the purchase of 70% at Cortex Group, an innovative media-tech company that has developed expertise in turning original content into a profit center through user traffic acquisition.
The acquisition of 70% of Cortex's shares by Gix Media will be made for approximately $ 11 million (USD), with the final amount to be determined on the closing date of the transaction.
-https://stockhouse.com/news/newswire/2021/09/01/an-11-million-tech-acquisition-you-need-to-know-about
ViewBix soon merges with and becomes Gix Media Inc. See the 8K before the news drops:
-https://ih.advfn.com/stock-market/USOTC/viewbix-qb-VBIX/stock-news/86734658/current-report-filing-8-k?xref=ff_sidebar_quote#EX10-1_HTM
Consummation of the Merger is subject to certain closing conditions, including, among other things, (i) the Company filing an amendment to its certificate of incorporation to change the Company’s name to “Gix Media, Inc.”
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