OSL Group Ltd. has made a further supplemental announcement concerning its Europe Acquisition transaction. Due to regulatory changes in Lithuania affecting the digital assets and blockchain platform business, the timeline for completing the sale and purchase of the entire corporate capital of a Lithuanian subsidiary has become uncertain. To address this, a Sale Agreement has been established for the sale and purchase of Customer Agreements, aiming to achieve a similar commercial outcome as the initially planned completion. The Board considers the Aggregate Consideration and payment arrangements to be fair and reasonable for the company and its shareholders. This update follows previous announcements made in December 2024 and January and April 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.