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0.00267379679144379 -0.00401069518716581 -0.0254010695187166 -0.0267379679144385 0.0807219251336898 0.0120320855614973 0.0080213903743315 0.0120320855614973
Stock impact report

Medigus: Eventer Technologies Signed a Letter of Intent for Spin-Off and an approx. $13 million Reverse Merger

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: GlobeNewswire
The letter of intent was signed with a Tel-Aviv Stock Exchange listed company to hold 74.99% of the merged company Tel Aviv, Israel, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that its 46.21% owned subsidiary, Eventer Technologies Ltd. ("Eventer"), software company engaged in the development of platforms enabling producers and venues to create virtual conferences and events including a smart ticketing solution, signed a non-binding letter of intent ("LOI") for a planned securities exchange agreement with AI Conversation Systems Ltd. (TASE: AICS) ("AI Conversation Systems"), an Israeli company traded on the Tel- Aviv Stock Exchange. According to the LOI, the transaction will only be completed if Eventer is valued at least $13 million, as determined by an independent appraiser. According to the Show less Read more
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