on Cypher Metaverse Inc. (isin : CA23267C1032)
Cypher Metaverse Inc. Updates on Business Combination with Agapi Luxury Brands Inc.
VANCOUVER, BC / ACCESSWIRE / August 27, 2024 / Cypher Metaverse Inc. (CSE:CODE) has announced an update on its business combination agreement with Agapi Luxury Brands Inc. The transaction will proceed as a share exchange, making Agapi a wholly-owned subsidiary of Cypher. The company is committed to finalizing this transaction.
The transaction’s completion hinges on securing financing to provide adequate working capital post-acquisition and obtaining the CSE’s approval for listing shares of the resultant issuer. Trading in CODE shares remains halted pending CSE review.
Cypher Metaverse Inc. has filed a statement on SEDAR detailing the transaction, including updates on Agapi and its business plan. An updated circular will soon reflect Agapi’s progress.
R. H.
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