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One Horizon Group announces acquisition of 123Wish; shares +16%

Published 01/24/2018, 11:35 AM
© Reuters.  One Horizon Group announces acquisition of 123Wish; shares +16%
  • One Horizon Group (OHGI +15.9%) has entered into an Exchange Agreement to acquire a majority interest in ONCE IN A LIFETIME LLC, d/b/a 123Wish.
  • 123Wish, available in the Apple (NASDAQ:AAPL) App Store, and Google (NASDAQ:GOOGL) Play, is a subscription-based, experience marketplace that focuses on providing users with exclusive opportunities to enjoy personalized, dream experiences with some of the world’s most renowned social media influencers.
  • CEO of One Horizon, Mark White: "Based on the detailed financial models we have analyzed, we remain confident that the acquisition will be accretive in 2018 and we expect 123Wish will generate significant revenue in 2018 commencing with the expected launch of scheduled experiences in the Q1 & Q2 (2018), We remain focused on our commitment to deliver substantial value to OHGI shareholders.”
  • Now read: 8X8 (EGHT) Presents At Needham & Co. 20th Annual Growth Conference - Slideshow


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