ZenaDrone Inc. entered into an agreement to acquire 100% stake in TillerStack GmbH from Invigor Group Limited (ASX:IVO) for $1.3 million on August 31, 2020. Under the terms, the 50% consideration will be settled in cash on completion and 50% by way of a 12 month amortizing promissory note which may be convertible into ZenaDrone shares. The transaction is subject to due diligence which is currently in progress. Completion scheduled by October 15, 2020, with availability of up to a 6 week extension upon payment of further deposits. As of the completion of transaction is expected in the final quarter of this year. The proceeds will be used for working capital to fund growth of its pricing and analytics business and to repay debt. ZenaDrone Inc. completed the acquisition of 100% stake in TillerStack GmbH from Invigor Group Limited (ASX:IVO) on January 15, 2021. The consideration of approximately $0.63 million in cash was settled by January 18, 2021; five promissory notes payments totaling approximately $0.23 were received in the period to June 30, 2021; two promissory notes payments totaling $0.1 million was received subsequent to June 30, 2021; and the balance of $0.28 million in promissory notes payments is still pending.