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Matica Fintec SpA ( (IT:MFT) ) has shared an announcement.
Matica Fintec S.p.A. has signed a binding agreement for a reverse take-over, acquiring shares in Matica Corp. and Digital Identity Solutions Korea Co., Ltd. This strategic move aims to create an integrated group, enhancing Matica Fintec’s international presence by adding production facilities in South Carolina and South Korea, thereby entering the American market and completing its value chain. The operation is subject to shareholder approval and aims to strengthen the company’s market position and operational capabilities.
More about Matica Fintec SpA
Matica Fintec S.p.A. is an innovative SME listed on Euronext Growth Milan, specializing in the design, production, and marketing of advanced systems for issuing digital cards for financial and government institutions.
Average Trading Volume: 8,362
Technical Sentiment Signal: Buy
Current Market Cap: €18.52M
Learn more about MFT stock on TipRanks’ Stock Analysis page.