On September 17, 2024, the Company acquired 100% interest in SilkNetCom for $23,880. SilkNetCom specializes in the field of provider services, IT and construction of telecommunications networks in private and public sectors.

The purpose of the acquisition of SilkNetCom was to use the acquired assets and licenses to develop our telecommunications business.

As of September 17, 2024, the date of the acquisition of SilkNetCom, the fair value of the net assets of SilkNetCom was $23,672. The total purchase price was allocated as follows:


			As of September 17, 2024

ASSETS
Cash and cash equivalents			54
Margin lending, brokerage and other receivables, net			7,417
Fixed assets, net			41,770
Other assets, net			270
TOTAL ASSETS			49,511

LIABILITIES
Margin lending and trade payables			3,519
Current income tax liability			5
Other liabilities			22,315
TOTAL LIABILITIES			25,839

Net assets acquired			23,672

Goodwill			208

Total purchase price			23,880

On October 17, 2024, the Company acquired 100% interest in Eliteсom. Eliteсom provides telecommunications services, including internet access, telephone services and cable television for individuals (B2C), provision of internet access services for legal entities (B2B).

The purpose of the acquisition of Eliteсom was to use the acquired assets and licenses to develop our telecommunications business.

As of October 17, 2024, the date of the acquisition of Eliteсom, the fair value of the net assets of Eliteсom was $2,084. The total purchase price was allocated as follows:


			As of October 17, 2024

ASSETS
Cash and cash equivalents			38
Margin lending, brokerage and other receivables, net			84
Fixed assets, net			1,890
Intangible assets			1,128
Other assets, net			83
TOTAL ASSETS			3,223

LIABILITIES
Margin lending and trade payables			24
Current income tax liability			30
Other liabilities			1,085
TOTAL LIABILITIES			1,139

Net assets acquired			2,084

Goodwill			727

Total purchase price			2,811