AppSpotr signs deal to go after the Asian market
AppSpotr AB have entered into a cooperation agreement with the Hong Kong based investment company Novel Unicorn Ltd (“Novel Unicorn”) regarding the Asian market. If all milestones within the agreement are reached Novel Unicorn becomes AppSpotr’s new main owner and AppSpotr gains a strong position in the Asian market. To finance this venture AppSpotr will issue 15 MSEK worth of new shares, 5 MSEK of which will be directed to Novel Unicorn.Deal structure The cooperation agreement entails that AppSpotr and Novel Unicorn will form a Hong Kong based joint venture company named AppSpotr Asia,