DigitalX Limited (ASX : DCC) signed a memorandum of understanding to acquire Riverstone Corporate Pty Ltd in February 2021. DigitalX Limited (ASX : DCC) signed an agreement to acquire Riverstone Corporate Pty Ltd for AUD 1.9 million on September 16, 2021. DigitalX will pay an upfront cash consideration of AUD 1.64 million for Sell My Shares, plus a deferred consideration of AUD 0.25 million to be paid 6 months following settlement for the satisfaction of monthly revenue targets and satisfaction of expense ratio. The acquisition is funded by DigitalX current cash balance. The transaction is subject to approval by third party, regulatory board and execution of employment agreement. The transaction is expected to close by September 30, 2021. The acquisition is earnings accretive with no capital raising required. DigitalX Limited (ASX : DCC) completed the acquisition of Riverstone Corporate Pty Ltd on October 1, 2021.