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0 0 0 0 0.0119760479041916 -0.101796407185629 -0.0658682634730538 -0.0928143712574849
Stock impact report

Safe-T to acquire NetNut Ltd. for $9.7M [Seeking Alpha]

Safe-T Group Ltd. - American Depositary Shares (SFET) 
Company Research Source: Seeking Alpha
Safe-T to acquire NetNut Ltd. for $9.7M Safe-T Group Ltd. (NASDAQ: SFET purchase The company also entered into an agreements with two U.S. institutional investors for $6M convertible loan, which will be used to finance the cash portion of NetNut acquisition. The loan is for a term of 18 months, bearing interest at 8% per annum, and is convertible into 2,926,829 American Depositary Shares ((ADSs)) representing 117,073,160 of company's ordinary shares at a conversion price of $2.05 per ADSs. Show less Read more
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