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Wednesday, September 28, 2022 10:59:27 AM
Good Morning NSAV shareholders. Our sincere apologies for not getting back to you yesterday. However, the new Term Sheet was not signed off by both parties until the evening. We will now go into the next steps to complete the acquisition of an operating CEX.https://twitter.com/nsavtech/status/1575064741738790912?s=46&t=pep0ckJuQL0OES3rRj9iIA
NSAV's investment banker, MD Global Partners, which is advising on and structuring NSAV's proposed acquisition of the Centralized Cryptocurrency Exchange (CEX), is just waiting on a few final due diligence documents from the CEX management for compliance purposes. https://twitter.com/nsavtech/status/1575066080929685507?s=46&t=pep0ckJuQL0OES3rRj9iIA
Once the due diligence on the CEX is completed, which we anticipate to be this week and MD Global gives us the greenlight, the Definitive Acquisition Agreement will be drafted, which we expect to be early next week. https://twitter.com/nsavtech/status/1575067399472427008?s=46&t=pep0ckJuQL0OES3rRj9iIA
The agreement will then be submitted to NSAV's Board of Directors for final approval. https://twitter.com/nsavtech/status/1575067664526950400?s=46&t=pep0ckJuQL0OES3rRj9iIA
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