NFT Tech has completed the acquisition of Web3 development company Run It Wild
ChainCatcher news, the Web3 technology company NFT Technologies Inc. has completed the acquisition of the Web3 development company Run It Wild. This move aims to enhance NFT Tech's Web3 development capabilities, seeking unparalleled user experiences for globally leading brands and IP holders.It is reported that NFT Tech will issue 10,000,000 common shares and 50,000 CAD in cash in exchange for all issued and outstanding shares of Run It Wild. The common shares issued in connection with the agreement will be subject to certain transfer restrictions as stipulated in the agreement, including a 24-month contractual lock-up period. (Source link)