Pointerra Limited (ASX:3DP) entered into an agreement in principle to acquire Business assets and undertakings from Airovant, LLC for $1 million on April 30, 2021. Pointerra will issue to Airovant ordinary shares in Pointerra to the value of US$1 million in exchange for acquiring the business assets and undertakings of Airovant. The Proposed Acquisition is subject to the completion of further due diligence activities and the execution of a formal Business Purchase Agreement between Pointerra, Airovant and the four Founders of Airovant. Pointerra Limited (ASX:3DP) completed the acquisition of Business assets and undertakings from Airovant, LLC for $1.5 million on June 4, 2021. The transaction settled following the satisfaction of due diligence and signing of agreement.