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News: FUN Funtastic enters into a share sale agreement with Balandro

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    31/07/17
    10:00
    Post #: 26176041

    July 31 (Reuters) - Funtastic Ltd (FUN)

    • Fun has entered into a share sale agreement with balandro limited
    • Purchase price for transaction is $2.1 million
    • Steven Leighton has been appointed as company's new CEO
    • CEO Nir Pizmony has decided to retire from company effective today
    • Has been working with National Australia Bank and its financial advisors to negotiate a new banking arrangement and a capital raising
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