The Social Chain AG (DB:PU11) agreed to acquire 51% stake in A4D, Inc. from Jason Akatiff on May 7, 2020. A4D reports an annual turnover of more than €30 million. Jason Akatiff, current Chief Executive Officer and sole shareholder of A4D is to remain Chief Executive Officer of A4D after completion of the planned transaction. The Supervisory Board of The Social Chain AG has approved the execution of the planned transaction in principle. The transaction is expected to be completed by the end of May 2020.