KuuHubb Inc. (TSXV:KUU) signed a non binding term sheet to acquire My Hospital game from Cherrypick Games S.A. for €2.6 million on February 28, 2018. KuuHubb Inc. (TSXV:KUU) entered into a definitive agreement to acquire My Hospital game from Cherrypick Games S.A. for €2.6 million on May 8, 2018. Based on the terms of the non-binding term sheet, the current distribution agreement, which ends June 2019, would be changed to a purchase agreement for My Hospital full global rights. The purchase price would be paid in monthly installments between May 2019 and June 2021. Additionally, after Kuuhubb has recouped the entire purchase price, Cherrypick Games would be entitled to 25% net profit share. Cherrypick Games would continue the current game development and update efforts until June 2021. The acquisition is subject to the execution of the definitive documentation.

KuuHubb Inc. (TSXV:KUU) completed the acquisition of My Hospital game from Cherrypick Games S.A. on May 8, 2018.