Boku, Inc., a leading global provider of mobile payment solutions, has announced that Danal Company Ltd has exercised 1,634,699 warrants over common shares in the company. The Warrants were exercisable at 141p each, and the company received a total compensation of US$3,000,000. These warrants were issued as part of the initial consideration in respect of the Company's acquisition of Danal, Inc., as announced on 6 December 2018.
The company has applied for admission to trading on AIM of 1,634,699 new common shares of $0.0001 each. These shares will be issued credited as fully paid, will rank pari passu with the existing Common Shares in issue, and are expected to be admitted to trading on or around 1 July 2024.
Following Admission, the total number of Common Shares in issue will be 303,028,613, with 747,451 shares held in Treasury under Diagonal Nominees Ltd. Therefore, the total number of voting rights in Boku is 302,281,162.
Boku Inc. is a leading global provider of mobile payment solutions, with a mobile-first payments network reaching over 7.5 billion mobile payment accounts through a single integration. The company's customers include global leaders such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify, and Tencent. Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in various countries worldwide.