BRIEF-Infobird Co On June 28, Entered Into An Equity Acquisition Agreement With Shangri-La Trading Limited

Reuters07-02

July 1 (Reuters) - Infobird Co Ltd :

* INFOBIRD CO LTD - ON JUNE 28, ENTERED INTO AN EQUITY ACQUISITION AGREEMENT WITH SHANGRI-LA TRADING LIMITED

* INFOBIRD CO LTD - EQUITY ACQUISITION DEAL WITH SHANGRI-LA TRADING LIMITED TO ACQUIRE 65% OF ISSUED AND OUTSTANDING EQUITY OF PURE TECH GLOBAL LIMITED

* INFOBIRD CO LTD - AGGREGATE PURCHASE PRICE FOR EQUITY ACQUISITION WAS APPROXIMATELY $40.0 MILLION

Source text for Eikon: Further company coverage:

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

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