Ridgeview Financial Corporation agreed to acquire Invigor Asia Pte Ltd from Invigor Group Limited (ASX:IVO) for $4.4 million on September 30, 2021. The Invigor Board reviewed and approved this transaction on an arm-length basis. RFC paid $100 to the Company for the Shares and Receivable. The Company must pay Evolution Partners (EP) $31,677 (SGD31,088) after completion of the Fundraising of approximately $8 million at the date of the Agreement (Fundraising) in satisfaction. Subject to complying with regulatory requirements, the Company must issue ordinary shares in the Company under the Fundraising to satisfy the debts of $333,753 (SGD327,545) owed by IVO Asia to certain Creditors. RFC must repay the Company should it collect any funds repayable from IVO Asia of the $4,398,584 owed to the Company.

Ridgeview Financial Corporation cancelled the acquisition of Invigor Asia Pte Ltd from Invigor Group Limited (ASX:IVO) on March 15, 2022.