NEW YORK, Feb. 2, 2018 /PRNewswire/ -- Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that it has entered into an agreement with Fastbase, Inc. ("FastBase"), a privately owned Danish SaaS (software as a service) company on the following terms:
In recognition of the efforts made by Gunsynd to assist FastBase in pursuing admission to trading on AIM, it is agreed that FastBase shall pay a consultancy fee of 0.75% of its market capitalization, subject to, and following completion of the IPO. Such fee is to be paid and settled fully in new ordinary shares of the Company (issued as fully paid ordinary shares, at the Admission price).
About Fastbase, Inc.
Built upon Google Analytics software, Fastbase's software generates comprehensive lead reports that include extensive company profiles, visitor interaction, key employees with LinkedIn profile and email addresses. The insights provided by Fastbase enable B2B businesses to contact their online leads in real-time. http://www.fastbase.com
Fastbase's popular web leads add-on to Google Analytics is now widely used, including by well-known brands. It is targeting admission to AIM in Q2, 2018.
Hamish Harris, the Company's Executive Chairman, commented: "We are exceptionally pleased to be able to assist a rapidly growing SaaS company such as FastBase with its plans to list in London. We will keep investors informed of progress with FastBase's progress in seeking admission to AIM."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
SOURCE Fastbase, Inc.