Recall Studios (‘Recall’) completed the acquisition of unrestricted and open-market shares of Pulse Evolution Corporation.

Recall Studios (‘Recall') made an offer to acquire unrestricted and open-market shares of Pulse Evolution Corporation (OTC:PLFX) (‘Pulse') on June 14, 2018. Recall will make a public tender offer wherein it will pay $1.38 per share in a share for share exchange. Together with the concurrently announced acquisition of Evolution AI Corporation, the proposed tender offer would result in Pulse becoming a majority-owned subsidiary of Recall. The tender offer will be available to all current holders of unrestricted Pulse common stock, accredited and non-accredited investors, as such tender offer will be formally made through the filing of a Schedule TO and a form S-4 registration statement and proxy. Recall intends to apply for listing on the New York Stock Exchange, subject to confirmation by auditors that the consolidated financial statements of the combined companies meet the exchange listing requirements. As on July 10, 2018, the transaction was approved by the Board of Pulse Evolution Corporation.

Recall Studios (‘Recall') completed the acquisition of unrestricted and open-market shares of Pulse Evolution Corporation (OTC:PLFX) (‘Pulse') on August 8, 2018. Pulse Evolution Corporation will operate as a subsidiary of Recall Studios going forward.