10:11 AM EDT, 06/24/2024 (MT Newswires) -- Asset Entities ( ASST ) said Monday it has acquired Discord-based community TommyBoyTV for $200,000 in cash.

The social media marketing and content delivery company said it also issued 25,000 shares of class B common stock to TommyBoy's sole member as partial payment under a consulting agreement.

The company said it expects the acquisition to immediately add more than $40,000 in monthly gross revenues and $500,000 annually, supporting its presence in the Discord community market.

Price: 0.36, Change: -0.02, Percent Change: -5.00