Kings Entertainment Announces Closing of Acquisition of Braight AI Technologies Inc.
Kings Entertainment Announces Closing of Acquisition of Braight AI Technologies Inc.
VANCOUVER, BC, July 17, 2023 /CNW/ - Kings Entertainment Group Inc. (CSE: JKPT) ("Kings Entertainment" or the "Company"), an international online service provider for lottery, casino, and sportsbook gambling and parent company of global online gaming innovators LottoKings and WinTrillions, is pleased to announce, further to its news release of June 16, 2023, that the Company has completed the acquisition (the "Transaction") of all of the issued and outstanding shares in the capital of Braight AI Technologies Inc. ("Braight AI"), a private company existing under the laws of British Columbia. The Company now holds 100% of the issued and outstanding shares of Braight AI.
不列顛哥倫比亞省溫哥華，2023 年 7 月 17 日 /CNW/-國王娛樂集團公司 (CSE: JKPT) (”國王娛樂“或者”公司“)，一家國際彩票、賭場和體育博彩賭博在線服務提供商，也是全球在線遊戲創新者的母公司 樂透之王 和 WinTrillions，繼2023年6月16日發佈的新聞稿之後，很高興地宣佈，公司已完成收購（”交易“）Braight AI Technologies Inc. 資本的所有已發行和流通股份（”Braight AI“），一家根據不列顛哥倫比亞省法律成立的私營公司。該公司現在持有Braight AI的100％已發行和流通股份。
Braight AI has completed the acquisition of all of the issued and outstanding in the capital of Epeer Spółka Z Ograniczoną Odpowiedzialnością ("Epeer"), a limited liability company existing under the laws of Poland prior to closing of the Transaction (the "Closing").
Braight AI 已完成對首都 Epeer spo'lka Z Ograniczona odpowiedzialnoscia (”Epeer“)，交易完成前根據波蘭法律存在的有限責任公司（”關閉“)。
In connection with the Closing and pursuant to the terms and conditions of a share exchange agreement dated June 14, 2023 and as amended on July 11, 2023 (the "Definitive Agreement") among the Company, Braight AI and the shareholders of Braight AI and on closing, the Company issued an aggregate of 59,289,392 common shares in the capital of the Company (the "Payment Shares") to the shareholders of Braight AI at a deemed value of $0.185 per Payment Share. There is no hold period for the Payment Shares pursuant to applicable securities laws. The holders of the Payment Shares have agreed to include a voluntary hold period for 50% of the Payment Shares as requested by the Canadian Securities Exchange (the "CSE"). The voluntary hold period is for four months and will expire on November 14, 2023.
關於收盤，根據2023年6月14日和2023年7月11日修訂的股票交易協議的條款和條件（”最終協議“）在公司、Braight AI和Braight AI的股東中，公司在收盤時共發行了59,289,392股公司資本普通股（”付款 股份“）以每股支付股份0.185美元的認定價值向Braight AI的股東發放。根據適用的證券法，支付股份沒有持有期。Payment Shares 的持有人已同意將50％的股票的自願持有期包括在內 付款 加拿大證券交易所要求的股票（”案例“)。自願持有期爲四個月，將於2023年11月14日到期。
The Company intends to leverage Braight AI's technology to accelerate its user verification process and explore other ways the technology can benefit its lotto and gaming platforms.
該公司打算利用Braight AI的技術來加快其用戶驗證流程，並探索該技術可以使其樂透和遊戲平台受益的其他方式。
In connection with the Transaction and in consideration of the introduction to the Company, the Company has issued 6,846,350 common shares of the Company (the "Finder's Shares") to an arm's length finder at a deemed value of $0.185 per Finder's Share. The Finder's Shares are subject to a statutory hold period of four-months and one day in accordance with applicable securities legislation ending on November 15, 2023.
就本次交易而言，作爲對公司介紹的考慮，公司已發行了6,846,350股公司普通股（”Finder 的股票“）以每股Finder's Share0.185美元的認定價值向遙遠的發現者發放。根據截至2023年11月15日的適用證券立法，Finder的股票的法定持有期爲四個月零一天。
The Transaction is an arms-length transaction. On Closing, the Company has appointed Jakub Bąbelek and Hanna Chaban to the board of directors of the Company and Anthony Zelen has resigned as a director of the Company.
該交易是一筆獨立交易。收盤時，公司已任命雅各布·巴貝萊克和漢娜·查班爲公司董事會成員，安東尼·澤倫已辭去公司董事職務。
About Braight AI
關於 Braight AI
Braight AI, through Epeer, is a leading provider of Artificial Intelligence (AI) Big Data analytics solutions. Braight AI specializes in leveraging the power of AI to extract actionable insights from vast amounts of data, empowering businesses to make informed decisions They offer two cutting-edge AI solutions tailored to address specific business needs: AI Risk and AI Marketing.
通過Epeer，Braight AI 是人工智能 (AI) 大數據分析解決方案的領先提供商。Braight AI 專門利用人工智能的力量，從大量數據中提取可行的見解，使企業能夠做出明智的決策。他們提供兩種爲滿足特定業務需求而量身定製的尖端人工智能解決方案：人工智能風險和人工智能營銷。
About Kings Entertainment
關於國王娛樂
Established in 2005, Kings Entertainment (CSE:JKPT) is an international online service provider for lottery, casino, and sportsbook gambling and parent company of global online gaming innovators innovators LottoKings and WinTrillions. These brands leverage their ability to acquire high-potential players through renowned lottery offerings, then engage players in a range of casino and sportsbook offerings. LottoKings and WinTrillions have attracted and retained millions of player sign-ups since their inceptions.
Kings Entertainment (CSE: JKPT) 成立於 2005 年，是彩票、賭場和體育博彩賭博的國際在線服務提供商，也是全球在線遊戲創新者的母公司 樂透之王 和 WinTrillions。 這些品牌利用其通過著名的彩票產品吸引高潛力玩家的能力，然後吸引玩家參與一系列賭場和體育博彩產品。自成立以來，LottoKings和WinTrillions已經吸引並保留了數百萬玩家的註冊。
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
加拿大證券交易所對本新聞稿的充分性或準確性不承擔任何責任。
譯文內容由第三人軟體翻譯。