Bitcoin Well Announces Closing Of Strategic Ghostlab Inc. Acquisition, Expanding Software Development And Deployment Capabilities
Acquiring Company
The Green Coffee Company
Acquired Company
Strategic Ghostlab
MedellinFood and BeverageAgriculture and FarmingFood And BeverageFarmingInsuranceDescription
Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or the “Company”), is pleased to confirm that it has closed the previously announced acquisition of Ghostlab Inc. (“Ghostlab”) (the “Acquisition”), a software company that designs and develops software to improve the functionality and accessibility of modern financial technology and services, including Bitcoin ATM machines. Total consideration for the Acquisition was based on an enterprise value of up to $3.2 million, satisfied through the issuance of 2,758,621 common shares of Ghostlab at a price of $0.29 per common share, the closing price on the 11th trading day of the issuer, the assumption of debt of $1.8 million and the provision of an earn-out, all as more particularly described in the Company’s August 11, 2021 press release. The common shares are subject to a statutory four month hold period.
Quick answer
The Green Coffee Company is acquiring Strategic Ghostlab, announced September 13, 2021. The Green Coffee Company is based in Medellin, Antioquia, Colombia.
- How much did The Green Coffee Company pay for Strategic Ghostlab?
- The deal value was not disclosed.
- What does The Green Coffee Company do?
- The Green Coffee Company is a consolidated coffee farming operation headquartered in the U.S. with operations based in Colombia.
- Where are The Green Coffee Company and Strategic Ghostlab based?
- The Green Coffee Company is based in Medellin, Antioquia, Colombia.
- Who are the decision-makers at The Green Coffee Company?
- Fundz holds 1 contact at The Green Coffee Company. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at The Green Coffee Company, and when
When The Green Coffee Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Strategic Ghostlab?
Strategic Ghostlab was acquired by The Green Coffee Company, based in Medellin. The deal was reported on September 13, 2021. The Green Coffee Company is a consolidated coffee farming operation headquartered in the U.S. with operations based in Colombia. The Green Coffee Company is privately held and operates in Food and Beverage.
When did The Green Coffee Company acquire Strategic Ghostlab?
The Green Coffee Company's acquisition of Strategic Ghostlab was reported on September 13, 2021. Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or the “Company”), is pleased to confirm that it has closed the previously announced acquisition of Ghostlab Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Strategic Ghostlab do?
Strategic Ghostlab is the company acquired in this transaction. It is privately held.
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