Ackroo Inc. (TSXV:AKR) entered into a definitive asset purchase agreement to acquire All of the assets of Simpliconnect, Inc. for $2 million on December 9, 2022. Total consideration for the acquisition will be $2 million which will be satisfied through the issuance of 5,625,000 common shares, along with a cash payment of $0.75 million on closing and a further six monthly cash payments of $0.125 million commencing on July 1, 2023. The transaction is expected to close on January 1st, 2023.

Ackroo Inc. (TSXV:AKR) acquired All of the assets of Simpliconnect, Inc. on January 1, 2023.