Graph Blockchain announced their acquisition of Beyond the Moon Inc: “Graph’s acquisition of Beyond the Moon gives our shareholders exposure to quality Initial DEX Offerings and early adoption of new crypto tokens,” said Paul Haber, Chief Executive Officer of Graph Blockchain. How will this impact the price of Graph Blockchain stock?
Toronto, Ontario–(Newsfile Corp. – June 10, 2021) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (“Graph” or the “Company“) is pleased to announce that further to its press release dated May 14, 2021, the Company has closed its acquisition of all of the shares of Beyond the Moon Inc. (“Beyond the Moon”), a private Ontario company.
“Graph’s acquisition of Beyond the Moon gives our shareholders exposure to quality Initial DEX Offerings and early adoption of new crypto tokens,” said Paul Haber, Chief Executive Officer of Graph Blockchain, Inc. “By adding Beyond the Moon to our group of companies, we gain access to even earlier rounds of any upcoming token presales to add value to Graph’s portfolio of altcoins.”
Pursuant to a Share Exchange Agreement between the Company, Beyond the Moon, and the shareholders of Beyond the Moon, the purchase price was $6,000,000 and was satisfied through the issuance of 46,153,846 units (the “Consideration Units”) in the capital of the Company, at a deemed price of $0.13 per Consideration Unit with each Consideration Unit comprised of one common share and one half of one common share purchase warrant. Each whole warrant will allow the holder to acquire an additional common share of the Company at an exercise price of $0.18 per share during the 24-month period following closing. As a result of the transaction, Beyond the Moon is now a wholly owned subsidiary of the Company.
Beyond the Moon simplifies the most exciting opportunities in crypto launchpads. Launchpads are crypto projects designed to help upcoming projects reach their full potential and mainstream adoption. Beyond the Moon Coordinators manage the process of entering crypto launchpads, helping facilitate the access to early-stage crypto tokens. Before listing a new token on a Decentralized Exchange (“DEX”). Launchpads provide the first public investment round, called an Initial DEX Offering (“IDO”). Early access to crypto projects is difficult to access, but the highest return on investment comes from early access to projects. Beyond the Moon manages all aspects of the launchpad opportunities. Graph will be internalizing this platform to provide our shareholders with exposure to these opportunities.
Neither the Canadian Securities Exchange (“CSE“) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Related: Graph Blockchain to Acquire NFT
About Graph Blockchain Inc.
Graph Blockchain provides our shareholders with exposure to various areas of Decentralized Finance. Graph, through its wholly owned subsidiary Babbage Mining Corp., a Proof of Stake (“POS”) miner that focuses on altcoins, can provide our investors with exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains that altcoins represent.
For further information, please contact:
Email: [email protected]
Anthony Feldman/Rich DiGregorio
Email: [email protected]
Forward Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Graph Blockchain Announces Beyond the Moon Inc. Acquisition
About Cannin: Your Cannabis Stocks Resource
78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.
Cannin is your #1 trusted resource for cannabis stocks. Our global team of experts evaluates all emerging cannabis stock investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best cannabis stocks for 2021.
Use Cannin as your resource for:
Market analysts expect the marijuana and hemp industry will have an annual value exceeding $75 Billion in the next decade. Is it too late to invest in marijuana stocks? No! This is the perfect time to invest.
Are you looking to buy stock in hemp companies or marijuana companies for 2021? Interested in new penny hemp stock companies? Looking for the best Canadian cannabis stocks to invest in? Looking to leverage the power of algorithmic stock trading to beat the cannabis market? We can help.
Predict price movements of cannabis stocks several hours in advance with our proprietary algorithmic stock trading software.
- +25% Gains in 2020
- +49.8% Gains in 2019
- Backtested since 2012
We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.
Profit from the best cannabis stocks – we’ll show you how at cannin.com.