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Spotlite360 IOT Solutions to acquire majority stake in E3 Service in cash-and-stock deal

Mar. 03, 2022 7:24 AM ETSPLTFBy: Jessica Kuruthukulangara, SA News Editor
  • Spotlite360 IOT Solutions (OTCPK:SPLTF) will acquire a majority equity interest in E3 Service Group.
  • Consideration for the acquisition will be $1M cash and 20M shares of SpotLite360 stock (LITE.CN) at C$0.20/share.
  • Cash will be paid from company treasury in 2

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