Mezzi Holdings Inc. (TSXV:MZI) signed a letter of intent to acquire Capital Eyewear for $0.25 million on August 28, 2015. As part of the consideration $0.125 million will be paid as an additional consideration and $0.125 million will be paid within 18 months on achievements agreed monthly recurring revenue targets within 18 months of closing the acquisition. The transaction is subject to completion of final documentation, regulatory approval and final due diligence. Mezzi Holdings Inc. incurred professional fees of $0.01 million.

Mezzi Holdings Inc. (TSXV:MZI) completed the acquisition of Capital Eyewear on September 30, 2015. Steven Kilzer, Capital Eyewear's founder and Chief Executive Officer joined MEZZI's advisory board.