Stocks in play: VIQ Solutions Inc.
Announced the closing of the asset acquisition of Auscript Australasia Pty Ltd a leading supplier of secure court recording and transcription services for courts and law firms throughout Australia. All figures are in U.S. dollars. Under the terms of the definitive purchase agreement, the assets of Auscript were acquired for $7.65 million with $7.5 million paid at closing and $150,000 payable through a seven-month earnout plan. VIQ funded the acquisition by utilizing cash on hand. VIQ Solutions Inc. shares T.VQS are trading down $0.02 at $2.80.
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