The Management Board of LIVECHAT Software S.A. (“Company”) informs that on January 15, 2020, the subsidiary of the Issuer, LiveChat, Inc. (“Buyer”), entered into a contract and completed the purchase transaction of the livechat.com domain (“Domain”).
The purchase of the domain is related to the implementation of the Company's marketing strategy. In the opinion of the Management Board, it will translate into an increase in the marketing potential of the Group.
The Management Board does not disclose the value of the transaction due to the protection of the interest of the Company, which may negotiate similar contracts in the future.