BIQ buildingiq inc
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News: BIQ Buildingiq Enters Into Letter Of Strategic Intent With Snaps Holdings

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    23/03/20
    12:40
    Post #: 43645795

    March 23 (Reuters) - BuildingIQ Inc (BIQ) :

    • ENTERS INTO LETTER OF STRATEGIC INTENT WITH SNAPS HOLDINGS
    • SNAPS HOLDINGS TO INVEST A TOTAL OF A$5.9M IN BUILDINGIQ IN A COMBINATION OF PROMISSORY NOTES AND A PRIVATE PLACEMENT
    • PARTIES ALSO INTEND TO ENTER STRATEGIC COLLABORATION DEAL, COMBINING SNAPS INTERNET OF THINGS (IOT) SOLUTIONS WITH CO'S 5I TECHNOLOGY STACK
    • AGREEMENT WITH MCLOUD TECHNOLOGIES TERMINATED
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