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.
