July 13 (Reuters) - Urbanimmersive Inc UI.V :
* URBANIMMERSIVE ENTERS INTO DEFINITIVE AGREEMENT FOR THE ACQUISITION OF TOURBUZZ, LLC AND COMPLETES ROUND OF FINANCING
* URBANIMMERSIVE - COMPLETED ROUND OF FINANCING FOR PRIVATE PLACEMENT WHICH WILL BE USED TO PAY PORTION OF CASH COMPONENT OF PURCHASE PRICE FOR TOURBUZZ DEAL
* URBANIMMERSIVE - REMAINING PORTION OF CASH COMPONENT OF PURCHASE PRICE FOR TOURBUZZ ACQUISITION WILL BE FUNDED BY A SENIOR SECURED DEBT