Avatrix S.A. (WSE:AVT) entered into a term sheet to acquire Ice Code Games Sp. z o. o. on April 27, 2020. All ICE CODE assets will be transferred to Digital for shares that Digital will issue to ICE CODE shareholders. For the purpose of the merger, Digital will issue ordinary series I bearer shares in the amount specified in the merger plan and with the nominal value as at the date of the merger plan, which will be signed by June 30, 2020 at the latest. The merger will take place on the day of entering the merger. The parties agreed that they would negotiate on an exclusive basis to carry out the merger until September 30, 2020. In the event of any party withdrawing from the negotiations before this date, the entity withdrawing shall pay the other party a contractual penalty in the amount of PLN 1 million. Avatrix S.A. (WSE:AVT) cancelled the acquisition of Ice Code Games Sp. z o. o. on April 27, 2021.