The deal is worth US$9m in cash with a further US$9m in shares as the story goes.
In a statement to the Irish Stock Exchange this morning, Thirdforce said the consideration comprises of $9 million in cash and $9 million by the issue of new ordinary shares in the merged company. The company also intends to raise up to â‚¬13m through a share placing at a price per share of â‚¬0.19, with the proceeds of this placing used to fund the acquisition.
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