May 4, 2018 / 6:33 AM / 3 months ago

BRIEF-Minds Machines To Acquire Entire Membership Interests Of ICM Registry

May 4 (Reuters) - Minds Machines Group Ltd:

* TO ACQUIRE ENTIRE MEMBERSHIP INTERESTS OF ICM REGISTRY LLC (“ICM”), A US COMPANY, FOR A CASH PAYMENT OF $10.0 MILLION

* ACQUISITION IS CONDITIONAL ON RECEIVING APPROVAL FROM INTERNET CORPORATION FOR ASSIGNED NAMES AND NUMBERS

* DEAL FUNDED FROM COMPANY’S EXISTING CASH RESERVES, AND A TOTAL OF 225 MILLION NEW ORDINARY SHARES Source text for Eikon: Further company coverage:

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