System1 confirms receipt of indication of interest for total security from just develop it

Los angeles--(business wire)--system1, inc. (nyse: sst) (“system1” or the “company”), an omnichannel customer acquisition marketing platform, announced today that it is in receipt of a non-binding indication of interest from just develop it limited (“just develop it”) regarding the possible acquisition of total security limited (“total security”). the offer consists of $240 million in cash, the assumption of certain potential earnout payments in respect of total security and the delivery of app.
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