Blockchain-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it has entered into an agreement to acquire 9.09% of all issued and outstanding shares of LocoNoco, Inc. for $500,000, subject to all requisite regulatory approvals. LocoNoco Inc. is a cloud-native decision-making platform that delivers simplicity, reusability and transportability in an era of smart, automated processes. Per the definitive share purchase agreement, Victory Square will satisfy the purchase price through cash installments totaling $500,000. “This investment, along with others we have made thus far in 2018, are aligned with our thesis at Victory Square that emerging technologies such as AI and Blockchain will bring major changes to traditional business models,” Victory Square CEO Shafin Diamond Tejani stated in the news release.
To view the full press release, visit http://ibn.fm/CRtlw
About Victory Square Technologies Inc.
Victory Square Technologies is a blockchain-focused venture builder that funds and empowers entrepreneurs to implement innovative blockchain solutions. Victory Square portfolio companies are disrupting every sector of the global economy including Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. Victory Square has a proven process for identifying game-changing entrepreneurs and providing them with the partners, mentorship and support necessary to accelerate their growth and help them scale globally. For more information, please visit www.VictorySquare.com
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