IN BRIEF: Boku receives $155,972 from Twilio after price adjustment

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Boku Inc - London-based mobile payments - Confirms receipt of $155,972 in cash from Twilio Inc following purchase price adjustment.

Looking ahead, expects to receive two further holdback payments of up to $6.2 million, within 18 months post-completion.

In March, Boku agreed to the sale of its Identity arm to Twilio for up to $32.3 million.

Current stock price: 100.00 pence

12-month change: down 49%

Copyright 2022 Alliance News Limited. All Rights Reserved.