Cluey Ltd (ASX:CLU) agreed to acquire Codecamp Pty Limited for AUD 8.6 million on August 30, 2021. Consideration consists of AUD 1.3 million in cash and AUD 6.7 million in CLU ordinary shares to be issued at the share price being the 30-day VWAP of CLU at the date of signing binding agreement. 100% of the CLU Shares Consideration will be subject to a 12-month voluntary escrow period. ~39.3% of the CLU Shares Consideration will be subject to a 24-month voluntary escrow period. Part of the CLU Shares Consideration will be issued on completion on 1 October 2021 and the balance after Shareholder approval at the forthcoming Annual General Meeting, in accordance with ASX Listing Rules. Cluey has undertaken a private placement of AUD 2 million to fund the cash component of the consideration. As of September 28, 2021 the Annual General Meeting will be held on October 28, 2021.