Token Communities Ltd. (OTCPK:TKCM) agreed to acquire iRide.io for approximately $340 million on May 28, 2019. As consideration, Token Communities Ltd. will issue 80 million shares. After the transaction, iRide.io will become a wholly owned subsidiary of Token Communities Ltd. Token Communities Ltd. (OTCPK:TKCM) cancelled the acquisition of iRide.io on May 28, 2020.