An undisclosed buyer agreed to acquire Lot 100 Pty Ltd from Mighty Craft Limited (ASX:MCL) for AUD 1.5 million on July 12, 2024. A cash consideration of AUD 1.5 million will be paid by the buyer. As part of consideration, AUD 1.5 million is paid towards common equity of Lot 100 Pty Ltd.

The expected completion of the transaction is July 12, 2024.