Mobio Technologies (TSE:MBO) has released an update.
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Mobio Technologies Inc. is advancing towards the finalization of a 100% acquisition of Tracksuit Movers Inc. through a share exchange, subject to certain conditions including shareholder approval. The completion of this strategic move is still pending, and while the company works to finalize necessary documentation, investors are reminded of the speculative nature of trading Mobio’s securities. The company’s main operation, Strutta.com Media Inc., continues to offer social promotions and technology platforms for global brands.
For further insights into TSE:MBO stock, check out TipRanks’ Stock Analysis page.