Fantasy 360 Signs Binding Letter of Intent to Acquire Synthesis VR Inc., A leading Location-based Virtual Reality Content Store & Technology Engine Powering 300 Global Locations - NewsBreak

Fantasy 360 Technologies Inc. d/b/a Immersive Tech is pleased to announce that it has signed a binding letter of intent (the "LOI") dated September 17, 2021 in respect of the acquisition (the "Acquisition") of all of the shares of Synthesis VR Inc. ("Synthesis VR"), A leading Location-based Virtual Reality ("VR") content store & technology engine empowering approximately 300 out-of-home entertainment locations worldwide. Synthesis VR serves more than the Location-based entertainment industry with its first to market and industry leading technology but also operates a broader sandbox platform serving the education and enterprise sectors as well.