FingerMotion, Inc. (FNGR) Form 8-K — Sep 29, 2026
FingerMotion (Nasdaq: FNGR) has signed a definitive Share Purchase Agreement dated September 23, 2026 to acquire 100% of Newbit Technology Inc. for US$2.3 million in cash on a cash-free, debt-free basis. Newbit holds the surface tenure, permits, pipeline and metering infrastructure, and AUC Rule 007 registration for FingerMotion's previously disclosed 9.9 MW behind-the-meter site in the County of Newell, Alberta (Brooks Campus #1). Closing is targeted on or before October 29, 2026, conditioned on a new gas supply agreement with Pivotal Energy Partners, landowner consent, and remaining due diligence.
Key figures
- Deal Value Usd
- 2300000
- Outside date
- 2026-10-29
- Deposit paid usd
- 230000
- Site capacity mw
- 9.9
- Indemnity cap usd
- 460000
- Closing payment usd
- 1840000
- Further deposit usd
- 230000
- Indemnity deductible usd
- 125000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.