LEADING BRANDS, INC.: Announces that it has Entered into a Support Agreement with Majesco Entertainment Company (“Majesco”) To Finance Exploitation of Majesco Gaming Properties in China
LEADING BRANDS (LBIX)
US:NASDAQ Investor Relations:
investors.lb.com
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Leading Brands, Inc. (NASDAQ:LBIX) (the “Company”), announces that it has entered into a Support Agreement with Liquid Media Group, Inc’s (“Liquid”) subsidiary, Majesco Entertainment Company (“Majesco”), whereby the Company will invest in the exploitation of Majesco’s gaming properties in Asia. On September 18, 2017 the Company announced that it had entered into a Definitive Arrangement Agreement (the “DAA”) with Liquid of Vancouver, Canada whereby LBIX would acquire 100% of Liquid pursuant to a plan of arrangement. The DAA was amended on January 15, 2018 and the exchange ratio adjusted so that LBIX shares would be valued at $1.78 US. It is anticipated that existing LBIX shareholders will hold 25.8% and Liquid shareholders are anticipated to hold 74.2% of the post-transaction entity. In order to assist Liquid with the development of its gaming business (in advance of the closing of the Preferred Share financ
Show less
Read more
Impact Snapshot
Event Time:
LBIX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LBIX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LBIX alerts
High impacting LEADING BRANDS news events
Weekly update
A roundup of the hottest topics