Logiq Finalizes Agreement To Transfer AppLogiq Assets Into Publicly Traded Subsidiary; Sets Record Date Of December 30 For Shareholders Of Logiq To Receive Shares In The Publicly Traded Subsidiary

By GlobeNewswire NEW YORK, Dec. 16, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a global provider of award-winning consumer acquisition solutions, has finalized the terms of its agreement with Lovarra to transfer Logiq’s AppLogiq assets into Lovarra. The agreement follows Logiq’s recent acquisition of a control position in Lovarra, a fully reporting U.S. public company listed on the OTC Markets. The agreement advances Logiq’s announced plans to separate its DataLogiq and AppLogiq businesses into two independent publicly traded companies. The next step will involve the transf…

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