Token Communities Ltd. (OTCPK:TKCM) made an offer to acquire DHX Media Ltd. (TSX:DHX) for approximately CAD 720 million on June 4, 2019. Pursuant to the terms of transaction, Sakthi Global Holdings has offered shareholders of DHX Media, CAD 5.32 per share, comprising of CAD 1.32 per share in cash and CAD 4 per share in common stock of the merged entity. Sakthi Global Holdings' shareholders will be majority holders of the combined companies. The transaction is subject to approval from 80% of DHX Media Ltd. shareholders.

Token Communities Ltd. (OTCPK:TKCM) cancelled the acquisition of DHX Media Ltd. (TSX:DHX) on June 4, 2020.