Mobio Technologies (TSE:MBO) has released an update.
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Mobio Technologies Inc. is progressing towards the acquisition of Tracksuit Movers Inc., a full-service moving company franchisor, with the transaction hinging on several conditions including shareholder approval. They have also appointed Oksana Pomortseva as their new Corporate Secretary. Despite the anticipation surrounding the deal, the completion is uncertain and investors are advised to consider the company’s stock as highly speculative.
For further insights into TSE:MBO stock, check out TipRanks’ Stock Analysis page.