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New Deal


Announced

Limit Break to acquire FREENFT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Domestic

Majority

Friendly

United States

Private

Acquisition

Pending

NFT distribution platform

Single Bidder

Synopsis

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Limit Break, a blockchain game company, agreed to acquire FREENFT, a platform for distributing NFT and web3 assets. Financial terms were not disclosed. “We welcome FreeNFT’s founders to what will surely become the most rewarding NFT distribution platform on earth. We will create a more participatory and vibrant NFT community where creativity and innovation thrive. This launchpad will give developers the opportunity to showcase their talents and reach a broader audience, while collectors enjoy the benefits of being a part of the growing Free-to-Own ecosystem Limit Break sparked with its DigiDaigaku collection last summer,” Gabe Leydon, Limit Break CEO.

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