Genesis Growth Tech Acquisition Corp. /
Genesis Growth Tech LLC
Genesis Growth Tech Acquisition Corp. to receive patent portfolio from Genesis Growth Tech LLC
What happened
Genesis Growth Tech Acquisition Corp. agreed to receive Genesis Growth Tech LLC’s rights in a portfolio of patents and related intellectual property. The transaction includes a $1,000 payment to Genesis Growth Tech LLC and the assumption of obligations under the Patent Purchase Agreement.
The transaction is subject to customary conditions, including Genesis Growth Tech Acquisition Corp. shareholder approval.
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Genesis Growth Tech Acquisition Corp. to receive patent portfolio from Genesis Growth Tech LLC
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