Thursday , October 28 2021

63 moons technologies executes SPA with NTT Data Corporation

63 moons technologies has executed a Share Purchase Agreement (SPA) with NTT Data Corporation, Japan, for sale of its 55.35% stake in ATOM, a subsidiary of the company, for an aggregate consideration of $9.24 million. Further, a Shareholders’ Agreement has also been executed between the parties in relation to the aforesaid transaction.

The completion and closure of the above said transaction is subject to fulfilment of certain customary closing conditions and the Company obtaining the necessary Orders/approvals from the relevant Courts and National Company Law Appellate Tribunal in respect of the said transaction.

63 Moons Technologies (formerly Financial Technologies (India) ) is a world leader in providing next-generation technology ventures, innovations, platforms, and solutions for creating digital markets and marketplaces that enable price discovery and transaction efficiencies across industry segments.

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