Aneesh Capital signs definitive deal to acquire TriPlay in US$18 million transaction
- Aneesh Capital entered a definitive arrangement agreement to combine with TriPlay, parent of eMusic, valuing TriPlay at US$18 million.
- TriPlay shareholders will exchange their shares for shares of the resulting TSXV-listed issuer; TriPlay will become a wholly owned subsidiary.
- The exchange ratio reflects a deemed pre-money valuation of US$750,000 for Aneesh, net of finder’s and arrangement fees.
- Parties plan a concurrent financing of up to US$2 million in equity, debt, or subscription receipts to meet TSXV Tier 2 requirements.
- eMusic’s management team is set to lead the resulting issuer; Aneesh directors and officers will resign at closing, followed by a name change.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aneesh Capital Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202606171305TNWSWRCACNPR_____1kx7FyRxn) on June 17, 2026, and is solely responsible for the information contained therein.
