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Sydney, Jan 8, 2021 AEST (ABN Newswire) - Vertua Limited (NSX:VERA) refers to previous disclosures about its shareholding in Cosmos Capital Limited (Cosmos), a leading Digital Infrastructure and Bitcoin Mining investment.
Vertua holds 400,000 fully paid ordinary shares in Cosmos representing approximately 5.2% of Cosmos' issued capital. Cosmos is an unlisted public company. James Manning is a shareholder and director of Cosmos.
Vertua is pleased to announce that Wize Pharma, Inc (OTCQB: WIZP) (Wize) and Cosmos have announced that they have entered into a bid implementation agreement whereby Wize has agreed to make an off-market takeover offer to acquire all of the outstanding shares of Cosmos. A copy* of the announcement dated 31 December 2020 is attached. If a transaction is consummated, the value of Vertua's holding in Cosmos may materially appreciate. There can be no guarantee that a transaction will be consummated.