Home Metaverse Alpha Metaverse Technologies enters into mod agreement with Shape Immersive Entertainment

Alpha Metaverse Technologies enters into mod agreement with Shape Immersive Entertainment

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Alpha Metaverse Technologies enters into mod agreement with Shape Immersive Entertainment

Source: news.google.com

Alpha Metaverse Technologies Inc.

Alpha Metaverse Technologies Inc.

VANCOUVER, British Columbia, January 5, 2023 (GLOBE NEWSWIRE) — Alpha Metaverse Technologies Inc. (“Alpha” or the “Business”), a technology company that focuses on the emerging markets of gaming, NFT, blockchain gaming, esports, e-commerce and other high-growth opportunities, is pleased to announce that it has entered into a modification agreement (the “Modification Agreement”) with Shape Immersive Entertainment Inc. (“Form”) and former Shape shareholders (the “previous holders”) to modify the share purchase agreement between Alpha, Shape and the Former Holders dated April 12, 2022 (the “SPA”) to establish a deferred payment schedule for the remaining $500,000 payable by Alpha to Previous Holders under the SPA (the “Remaining…

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