Aug 21 (Reuters) - Squirrel Media SA SQRL.MC:
FORMALISES ACQUISITION OF U.S.-BASED TECHNOLOGY COMPANY PRETOPAY
SALE INCLUDES ADDITIONAL TECHNOLOGICAL ASSETS AND CONTENT AND INFLUENCER RIGHTS
WILL FINANCE THESE ACQUISITIONS THROUGH SHARE-BASED PAYMENT (SHARES TO BE DELIVERED AS CONSIDERATION FOR PURCHASE), VALUED AT 3.20 EUROS PER SHARE
TO PROPOSE CAPITAL INCREASE WITH EXCLUSION OF PRE-EMPTIVE SUBSCRIPTION RIGHTS, FOR ISSUANCE OF 2.7 MILLION NEW SHARES
FOLLOWING TRANSACTION, CO'S SHARE CAPITAL WILL INCREASE TO TOTAL OF 96.0 MILLION SHARES