MKDWELL Tech To Acquire Premium Smart-Home And IoT Group, Diversifying Beyond Automotive Electronics - MKDW News | RalliesMKDWELL Tech To Acquire Premium Smart-Home And IoT Group, Diversifying Beyond Automotive Electronics
M
MKDW• Acquisition announced
- MKDWELL Tech Inc. said it will acquire a premium smart-home and IoT group, diversifying beyond automotive electronics.
- The acquisition is valued at $240 million via 30 million new shares at $8 per share.
- The new shares will represent 87.72% of the enlarged issued ordinary shares upon completion.
- The acquisition is to be satisfied entirely through the issuance of new shares.
PRIM
•
