Minute Media Acquires Cortex Media Group from Viewbix Subsidiary for $800,000
Gix Media Ltd., a wholly-owned subsidiary of Viewbix Inc., together with its majority-owned subsidiary Cortex Media Group Ltd., and the founders of Cortex, have entered into a Share Purchase Agreement with Pro Sportority (Israel) Ltd., a subsidiary of Minute Media Inc. Under the agreement, Gix Media will receive a total consideration of $800,000-comprised of $200,000 in cash and $600,000 in newly issued Preferred J Shares of Minute Media. The transaction involves the sale of all Cortex shares held by Gix Media, representing 80% of Cortex's outstanding share capital. Following the completion of related agreements and the cancellation of all outstanding options and convertible securities, Pro Sportority will own 100% of Cortex. The deal was signed and closed on November 9, 2025, making Cortex a wholly-owned subsidiary of Pro Sportority.
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