Trig Social Media AB (XTRA:TRIG) signed an agreement to acquire Fantrac Global Ltd for £0.78 million on January 30, 2017. Pursuant to agreement, Trig Social Media will issue approximately 150 million new shares with a performance based additional payment. The transaction is subject to approval by shareholders of Fantrac Global and expected to close before the end of February 2017. Trig Social Media AB (XTRA:TRIG) completed the acquisition of Fantrac Global Ltd on February 28, 2017. Stockholm IT Ventures AB (publ) (XTRA:TRIG) cancelled the acquisition of Fantrac Global Ltd on July 4, 2018. The transaction failed to complete at the time as conditions precedent were not met by the end date of March 21, 2017. Stockholm IT Ventures did not issue any shares in relation to this transaction and therefore existing shareholders are not affected. Stockholm IT Ventures tried to come to new terms with Fantrac in the intervening period, which has not resulted in an agreement and therefore, the transaction has failed to complete.