M&A
confidence high
sentiment neutral
materiality 0.60
Planet Green Holdings acquires Allinyson Ltd. for 7.5M shares
Planet Green Holdings Corp.
- Acquires 100% of Allinyson, an online game developer, in exchange for 7,500,000 shares of common stock.
- Allinyson generates revenue from advertising placements via Meta Platforms and Fyber.
- Lock-up agreement prohibits Allinyson sellers from transferring shares for one year post-close.
- Non-competition and non-solicitation agreement with Allinyson management for four years in North America, Europe, and Asia.