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The latest update is out from Miniluxe Holding Corp. ( (TSE:MNLX) ).
MiniLuxe Holding Corp. has completed the issuance of 437,500 Class A subordinate voting shares to acquire a new studio location in Dallas, Texas, enhancing its presence in the Dallas-Fort Worth market. This acquisition, involving a joint venture with experienced entrepreneur Leslie Concors, strengthens MiniLuxe’s growth strategy through M&A and conversion, focusing on talent and quality standards, and is expected to deliver significant benefits to stakeholders.
More about Miniluxe Holding Corp.
MiniLuxe is a Delaware corporation based in Boston, Massachusetts, operating as a lifestyle brand and talent empowerment platform in the beauty and self-care industry. The company specializes in high-quality nail care and esthetic services, offering proprietary products in its studios. MiniLuxe is committed to elevating industry standards with healthier services, modern design, and socially responsible practices, aiming to transform the fragmented self-care and nail care industry.
Average Trading Volume: 24,470
Technical Sentiment Signal: Buy
Current Market Cap: C$100.2M
See more insights into MNLX stock on TipRanks’ Stock Analysis page.