MSL Solutions Limited (ASX:MSL) acquired OrderMate Pty Ltd and OrderMate IP Pty Ltd for AUD 7.5 million on September 30, 2021. The consideration was paid as AUD 5.5m cash on completion, AUD 0.95 million in MSL shares, escrowed for 12 months and valued at the closing share price immediately prior to completion – 4,634,144 shares at AUD 0.205 per share and AUD 1.05 million in MSL shares, escrowed for 24 months and valued at the closing share price Immediately prior to completion – 5,121,954 shares at AUD 0.205 per share. Acquisition part funded by a AUD 4.5 million, 3 Year, unsecured Convertible Note with a 0% coupon rate to US based Taubman Capital. MSL will be offering eligible existing shareholders the opportunity to reinvest in the company at the 10-day VWAP of AUD 0.2078 per share (same per share price as the Convertible Note conversion price) up to a limit of AUD 30,000 per shareholder – further details to be provided in a separate notice. OrderMate reported a revenue of AUD 6 million and EBITDA as AUD 1 million. Inner Circle Sports LLC served as financial advisor to MSL. MSL Solutions Limited (ASX:MSL) completed the acquisition of OrderMate Pty Ltd and OrderMate IP Pty Ltd on September 30, 2021.