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Brightcom Group informs about board meeting

12 Oct 2022 Evaluate

Brightcom Group has informed the exchanges that the Board of Directors of the Company will meet on Monday, October 17, 2022, to discuss the following items: Inorganic transaction with US-based Digital Audio Firm- In February 2022, Brightcom announced the signing of a Letter of Intent (LOI) with a US-based digital audio firm. The company has done the necessary due diligence and the definitive agreement in this regard will be reviewed; Settlement agreement with Daum Communication - An agreement to settle the outstanding dispute with Daum Communication with respect to the acquisition deal of Lycos Inc. will be reviewed.

The above information is a part of company’s filings submitted to BSE.

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