Infobird Says On May 7 Xiangyang Wen Was Appointed As CEO
Infobird Signs Equity Acquisition Agreement To Acquire 32% Of Pure Tech Global Limited For $25.7M, Funded By $19.8M Cash And $5.9M Convertible Promissory Note, With Closing Expected By January 2025
What's Going On With Infobird (IFBD) Stock Skyrocketing?
Infobird shares are trading higher after the company disclosed that it acquired 65% of Pure Tech Global.
Reported Tuesday November 26, 2024, Infobird Completed The Acquisition Of 65% Of Pure Tech Global Limited, A Company Specializing In Digital Advertising And Marketing, For ~$40M
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Why Infobird Stock Is Gliding Higher
Infobird shares are trading higher after the company announced it entered into an equity acquisition agreement with Shangri-La Trading Limited to acquire 65% of issued and outstanding equity of Pure Tech Global Limited for roughly $40 million.
On June 28, Infobird Entered Into An Equity Acquisition Agreement With Shangri-La Trading Limited To Acquire 65% Of Issued And Outstanding Equity Of Pure Tech Global Limited For ~$40M
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