Cluey enters binding share purchase agreement - Art of Smart

Summary by 6ix AI

Cluey Ltd has announced its entry into a binding share purchase agreement to acquire Education Futures Group, which includes the Art of Smart group of companies. The acquisition is subject to various conditions and is expected to be completed in early January of the following year. The maximum consideration for the acquisition is structured as a combination of cash and shares, with part of the funds raised from an entitlement offer to be used for this purpose. This announcement outlines the key terms of the share purchase agreement and the status of the entitlement offer.

Written by 6ix AI from the company’s filing. How 6ix writes summaries