Brand authentication solutions company YPB Group Limited (ASX:YPB) has secured A$7.78 million in funding through a placement to institutional, professional and sophisticated investors at 26 cents per share.
The Board of YPB Group Limited (ASX:YPB) advises that the Company is in continuing discussions with potential cornerstone investors to support the continuing growth of the business. The purpose of the proposed capital raising is to fund the previously announced pending acquisition of Motif Micro Inc. and provide additional working capital.
YPB Group Limited (ASX:YPB) has signed a Letter of Intent (LOI) for the acquisition of Motif Micro Inc., a company commercializing secure, smartphone-readable microbarcode technology originally developed at the Massachusetts Institute of Technology (MIT). This represents a key step in the execution of YPB's PROTECT, DETECT, CONNECT strategy.
YPB Group Ltd (YPB.AX) announce an Investor Presentation - December 2015
Brand protection solution company YPB Group Limited (ASX:YPB) has been contracted to provide its proprietary VariSec technology to a significant Southern African country. The news comes after YPB was recently contracted by a major first world economy to supply the proprietary VariSec technology for application in 15 million ePassports.
Brand Protection technology company YPB Group Limited (ASX:YPB) has signed a Memorandum of Co-Operation with Elanders Beijing Printing Co. Ltd, the Chinese subsidiary of the Stockholm, Sweden, listed global supply chain, print & packaging and e-commerce company Elanders AB (publ), (SSE:ELAN).
Anti-counterfeiting technology company YPB Group Limited (ASX:YPB) has signed a Share Sale and Purchase Agreement to acquire all the issued shares of proximity marketing technology company nTouch Holdings Pty Ltd ("nTouch"). The closing date of the transaction is 30 October 2015.
