Imdex Limited (ASX:IMD) entered into a heads of agreement to acquire 40% interest in Krux Analytics Inc. for AUD 6.42 million on January 13, 2023. The consideration is paid in cash. Other terms of the proposed investment are being negotiated and are subject to further due diligence, mutual board approvals and customary conditions. The parties have entered into an exclusivity arrangement with the intent to finalize and complete the transaction in early April 2023.

Imdex Limited (ASX:IMD) completed the acquisition of 40% interest in Krux Analytics Inc. in fiscal year 2023.