M&A
confidence high
sentiment positive
materiality 0.60
RDE acquires GameIQ/Spindy for 600K restricted shares plus promissory notes; Wellisch named CTO
GIFTIFY, INC.
- RDE issued 600,000 restricted shares and $140,913 in promissory notes at 1% interest to acquire GameIQ.
- GameIQ's Spindy cash rewards app added to Restaurant.com; merge into wholly-owned subsidiary.
- Balazs Wellisch becomes Chief Technology Officer of Restaurant.com; close expected February 2022.
- Acquisition expands restaurant marketing with gamified rewards, post-dining offers, and loyalty products.