BRIEF-Mer Telemanagement Solutions Signs Definitive Merger Agreement With SharpLink

Reuters2021-04-16

April 15 (Reuters) - Mer Telemanagement Solutions Ltd

* MER TELEMANAGEMENT SOLUTIONS SIGNS DEFINITIVE MERGER AGREEMENT WITH SHARPLINK, A PIONEER IN SPORTS BETTING TECHNOLOGIES

* MER TELEMANAGEMENT SOLUTIONS LTD - ON A PRO FORMA BASIS, SHARPLINK SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 86% OF COMBINED COMPANY

* MER TELEMANAGEMENT SOLUTIONS LTD - FUNDING TO CLOSE TRANSACTION HAS ALREADY BEEN FULLY COMMITTED BY AN INSTITUTIONAL INVESTOR

* MER TELEMANAGEMENT SOLUTIONS LTD - WILL CHANGE NAME AND PURSUE BUSINESS OF SHARPLINK UNDER NEW MANAGEMENT AND BOARD CONTROL

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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