Eight Dragons Company (OTCPK:EDRG) entered into an agreement to acquire 18.7% interest in Rokk3r Labs LLC for $97.8 million on April 24, 2017. Under the terms of the agreement, Eight Dragons Company will pay $1 million in cash and will issue 9.68 million consideration shares. Eight Dragons used of proceeds derived from private financing transactions with certain private investors pursuant to a subscription agreement for an aggregate purchase price of $1.5 million for the issuance of 1.48 million shares of Eight Dragons' common stock to be rounded up upon issuance. Eight Dragons Company (OTCPK:EDRG) completed the acquisition of 18.7% interest in Rokk3r Labs LLC on April 30, 2017.