Ann: Execution of Share Sale Agreement to acquire Limepay, page-3

  1. 2,056 Posts.
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    Exciting times ahead!

    "Nowadays April Solutions, aka Limepay, generated $2.8 million in revenue in FY24 to produce a gross profit of $1.4m from around 200 business customers. But that means the fintech needs to ramp up its sales by 200% to meet the thresholds set by Spenda to make acquisition deal worth $8m. The issue of Spenda shares to Limepay spans four tranches, with three of them performance-based."

    https://www.startupdaily.net/topic/...ets-its-asx-listing-but-not-the-way-it-hoped/
 
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