SEEEN (LSE:SEEN) shares slumped, falling 10.7% to 4.02p after it completed the acquisition of MEDIAL on 27 April.
The company said the deal, first announced on 21 April, will enable SEEEN to develop a joint product offering with MEDIAL that it describes as creating a unique competitive advantage.
All terms are as defined in the announcement dated 21 April, the company said.
SEEEN has posted a CEO video and an investor Q&A on its investor site for shareholders seeking further detail.