-+ 0.00%
-+ 0.00%
-+ 0.00%
Braiin Limited Enters Non-Binding Term Sheet To Advance Proposed Acquisition Of Home.cc From Living Technology
Share
Listen to the news

Under the proposed structure, Braiin would acquire a 50.1% majority interest in Cumbria Capital Ltd, the parent company of Home.cc, through a share purchase to be satisfied by the issuance of Braiin equity securities. The non-binding term sheet contemplates a pre-money equity valuation of approximately £35.0 million (approximately A$66.1 million), and Braiin would also invest approximately £3.85 million (approximately A$7.27 million) into Home as growth capital to support continued platform expansion.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending