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CM.com completes acquisition of CX Company

CM.com, a global Conversational Commerce provider, has completed the acquisition of CX Company, a European (cloud-based) digital conversation platform designed to automatically engage customers in a personalized manner via virtual assistants, intelligent chatbots, and conversational artificial intelligence (AI).

CM.com announced its intent to acquire CX Company on 26 May 2020. The transaction comprises a consideration of € 15.5 million (excluding a capped earn-out), of which € 4.0 million has been paid in shares. Hence CM.com issued 262,467 new ordinary shares at a share price of € 15.24, which equals the average closing price per CM.com share for the 22 trading days preceding 9 June 2020. The sellers of CX Company are not bound by a lock-up period. As of 2 July 2020 the total number of shares outstanding amounts to 26,522,321.

The acquisition will be immediately accretive to EBITDA.



For more information, please contact Investor Relations:
Anneke Hoijtink
anneke.hoijtink@cm.com
+31 643280788
Laatste van CM  
CM.com completes acquisition of CX Company

CM.com takes Conversational Commerce to the next level through the acquisition of leading Conversational AI provider CX Company

Shareholders CM.com adopt all resolutions
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