FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Mer Telemanagement Solutions Ltd. Signs Definitive Merger Agreement with SharpLink, Inc.”
Mer Telemanagement Solutions Ltd. (NASDAQ: MTSL) surged over 92% in premarket trading after announcing a definitive Agreement and Plan of Merger with SharpLink, Inc.
Upon the closing of the merger, which is subject to the approval of MTS’s shareholders at a meeting of shareholders that is expected to be held in the second quarter of 2021, the Company will change its name and pursue the business of SharpLink under new management and Board control.SharpLink is a leading online technology company that connects sports fans, leagues, and sports websites to relevant and timely sports betting content. SharpLink uses proprietary, intelligent, online conversion technology to convert sports fans into sports bettors for licensed, online sportsbook operators. SharpLink’s intelligent sports betting conversion and engagement technology delivers and determines the best sportsbook betting offers and experience for each identified user. Using sophisticated behavioral modeling and tracking technologies, and by analyzing users’ past and present behaviors, we shape the experience and bring users to the right outcome, faster. Additionally, SharpLink specializes in helping sports media companies develop strategies, products and innovative solutions to drive deep customer engagement with highly interactive sports games and mobile applications. SharpLink is based in Minneapolis, MN, and is run by industry veterans with several successful exits in the sports gaming sector.
Mer Telemanagement Solutions Ltd. (MTS) is focused on innovative products and services for enterprises in the area of telecom expense management (TEM), call accounting and contact center software. Headquartered in Israel, MTS markets its solutions through wholly-owned subsidiaries in Israel, the U.S. and Hong Kong, as well as through distribution channels.
For more information, please visit: Mer Telemanagement Solutions Ltd.
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