Spiffbet AB (OM:SPIFF) agreed to acquire Sir Jackpot and Live Lounge from Livelounge Ltd for SEK 2.5 million on January 18, 2021. As part of acquisition, Spiffbet AB acquires rights to the domains sirjackpot.com and livelounge.com with associated customer databases and other intellectual property rights. Under terms, consideration will be paid in two transches, of which SEK 2 million by issuing of promissory note and SEK 0.5 million will be paid in cash provided certain conditions are met by June 30, 2021. As part of acquisition two employees will be integrated into Spiffbet's organization.