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Abra Completes Merger with Subsidiary

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Abra Completes Merger with Subsidiary

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Abra ( (IL:ABRA) ) has issued an update.

Abra has completed its merger with its fully-owned subsidiary, Abra Web and Mobile Ltd, as registered on February 16, 2025, in the Companies Registrar. This merger signifies a strategic consolidation for Abra, potentially enhancing its operational efficiency and market positioning within the web and mobile sectors.

More about Abra

Abra is a company involved in the web and mobile industries, with its securities listed for trading on the Tel Aviv Stock Exchange. It was previously known as Babylon Ltd.

YTD Price Performance: 11.67%

Average Trading Volume: 51,933

Current Market Cap: ILS397.4M

See more insights into ABRA stock on TipRanks’ Stock Analysis page.

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