acquires AppRedeem

1 minute read
21 September 2015

On September 21, 2015, Inc. (TSX: PER) announced that it had completed the acquisition of AppRedeem, Inc. pursuant to an all stock transaction.

Under the terms of the transaction, stockholders of AppRedeem received an aggregate of 831,601 Perk common shares. Based on the closing share price on September 18, 2015, the transaction was valued at $3,326,404. is a leading cloud-based mobile rewards platform provider. AppRedeem is an advertising platform for mobile app discovery, branding and monetization.

Gowlings advised in this acquisition with a team that included David Petras, John Durdan and Michael Misener (corporate/M&A) and Christopher Andree (employment).

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.