Playmaker Capital Inc. (TSXV:PMKR) entered into an agreement to acquire La Poche Bleue on August 8, 2023. The purchase price consideration consisted of (i) a closing cash payment of CAD 2.25 million, (ii) the issuance of 1,666,667 Playmaker common shares on closing, (iii) two separate earn-out payments of up to a maximum of CAD 5.0 million in the aggregate, payable to the sellers upon La Poche Bleue achieving certain EBITDA targets in each of the 12-month periods ending August 7, 2024 and August 7, 2025, and (iv) deferred cash payments of CAD 0.3 million, payable to the sellers over the first two years following closing. 70% of the earn-out consideration is payable in cash and 30% of the earn-out consideration is payable by the issuance of Playmaker common shares. Carl Belanger, Kristian Zimmerman, Morgan Guyot, Andrew Haikal, Michael Shortt, Florence Gauthier, Quentin Lageix, Jean-Philippe Côté and Zhuo Er Jia of Fasken Martineau DuMoulin LLP acted as legal advisor to La Poche Bleue Inc.

Playmaker Capital Inc. (TSXV:PMKR) completed the acquisition of La Poche Bleue on August 8, 2023.