Feb 4 (Reuters) - VIQ Solutions Inc VQS.V :
* VIQ SOLUTIONS ACCELERATES M&A STRATEGY WITH ACCRETIVE ACQUISITION OF A LEADING U.S. DIGITAL MEDIA CONTENT AND TRANSCRIPTION PROVIDER
* VIQ SOLUTIONS INC - PURCHASE PRICE PAID FOR ASC ACQUISITION WAS $6.9 MILLION
* VIQ SOLUTIONS INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO VIQ'S OPERATING INCOME AND NET EARNINGS
* VIQ SOLUTIONS INC - ACQUISITION IS NON-DILUTIVE
* VIQ SOLUTIONS INC - FUNDED ACQUISITION THROUGH A DRAWDOWN OF APPROXIMATELY $3.1 MILLION IN DEBT CAPITAL PURSUANT TO AN $11.5 MILLION DEBT FACILITY
* VIQ SOLUTIONS INC - ENTERED INTO AN AMENDMENT TO DEBT FACILITY ENTERED INTO ON NOVEMBER 28, 2018 WITH CROWN CAPITAL PARTNER FUNDING, LP
* VIQ SOLUTIONS INC - AMENDMENT PROVIDES THAT COMPANY WILL ISSUE 450,000 NEW COMMON SHARE PURCHASE WARRANTS
* VIQ SOLUTIONS INC - EACH NEW CROWN WARRANT IS EXERCISABLE TO ACQUIRE ONE COMMON SHARE IN CAPITAL OF COMPANY AT A PRICE PER SHARE EQUAL TO CAD$2.06
* VIQ SOLUTIONS INC - ISSUANCE OF NEW CROWN WARRANTS IS SUBJECT TO APPROVAL OF TSXV