Sun Hung Kai and Lympo make strategic investments in Animoca Brands
Highlights:
● Animoca Brands receives strategic investments totalling A$1.5 million from Sun Hung Kai and Lympo
● The placement was conducted at A$0.07 per share, which represents a 10% premium to the 30-day volume-weighted average price (VWAP)
● Sun Hung Kai, one of Asia’s leading investment groups, invests A$1 million ● Leading blockchain fitness company and strategic partner Lympo invests A$0.5 million, further consolidating its partnership with the Company
● Lympo will act as lead investor in an upcoming funding round for Animoca Brands’ health and fitness subsidiary OliveX (HK) Limited
● Animoca Brands and Sun Hung Kai to develop opportunities in blockchain and artificial intelligence
● Animoca Brands to leverage Sun Hung Kai’s expertise in corporate development
Ann: Sun Hung Kai and Lympo invest in Animoca Brands, page-2
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