- CoinAnalyst (COYX) has signed a binding letter agreement to acquire RockStock Equities
- RockStock allows artists to monetize their music through performances and NFTs
- The company will pay C$937,500 in shares plus a potential earn-out
- CoinAnalyst provides crypto investors with a custom analytics platform that offers trade signals across the digital asset spectrum
- CoinAnalyst (COYX) is unchanged trading at $0.20 per share
CoinAnalyst (COYX) has signed a binding letter agreement to acquire RockStock Equities.
RockStock allows artists to monetize their music by minting NFTs and creating pay-per-view performances. It also enables fans to support the artists they love through online competitions and the purchase of Artist Security Tokens.
The company will purchase RockStock for C$937,500 through the issuance of 3,750,000 common shares priced at $0.25 per share.
If RockStock develops a minimum viable product within six months, CoinAnalyst will issue an additional 250,000 common shares priced at $0.25 per share.
CoinAnalyst provides crypto investors with a custom analytics platform that offers trade signals across the digital asset spectrum.
CoinAnalyst (COYX) is unchanged trading at $0.20 per share as of 11:42 am EST.