2Intellect.com S.A. (WSE:2IT) entered into a preliminary sale agreement to acquire 67% stake in Elless IPR AB from FinTech Ventures S.A. (WSE:FIV) on May 8, 2020. The consideration shall be determined in final agreement by both the parties based on current market value on audit report to be concluded by July 31, 2020. 2Intellect.com S.A. will pay PLN 0.4 million as a advance consideration amount within seven days from preliminary agreement which is refundable if promised contract is not concluded by September 30, 2020.