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0.0678571428571428 0.0178571428571428 -0.0250000000000001 -0.0535714285714287 -0.0857142857142858 -0.0714285714285715 -0.103571428571429 -0.135714285714286
Stock impact report

Medigus to Acquire Control of Automated Online & Offline Ticketing Platform Company Eventer

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: GlobeNewswire
Medigus to hold 50.1% in Eventer? OMER, Israel, Oct. 16, 2020 (GLOBE NEWSWIRE) -- OMER, Israel, October 16, 2020 - Medigus Ltd. (Nasdaq:MDGS) (TASE:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced the signing of a share purchase agreement and revolving loan agreement with Eventer Technologies Ltd., a leading company engaged in providing interactive automated online & offline enterprise ticketing and events platform, based on AI technology. As part of the share purchase agreement and the revolving loan agreement, Medigus shall invest up to $1,000,000 in Eventer based on a number of milestones and shall loan up to an additional amount of $1,250,000 to Eventer. Upon the closing of the transaction, Medigus will hold 50.1% of Eventer's issued and outstanding share capital on a fully diluted basis. Eventer develops unique tools for automatic creation, management, promotion and billing of events and ticketing sales. Show less Read more
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