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Mobio Technologies Moves Forward with Tracksuit Movers Acquisition

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Mobio Technologies Moves Forward with Tracksuit Movers Acquisition

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The latest announcement is out from Mobio Technologies ( (TSE:MBO) ).

Mobio Technologies Inc. has announced it received conditional acceptance from the TSX Venture Exchange for its proposed full acquisition of Tracksuit Movers Inc., a moving company franchisor. The transaction, which involves a share exchange, is still subject to several conditions including shareholder approval, and its completion remains uncertain. The company is preparing for a General Shareholder Meeting on March 31, 2025, as part of the process to meet these conditions.

More about Mobio Technologies

Mobio Technologies Inc. is a publicly traded company on the TSX Venture Exchange, based in Vancouver, BC. It operates Strutta.com Media Inc., a social promotions platform that assists marketers in converting potential customers into fans and eventually, customers. The platform also provides a Promotions API to enable social media competitions and campaigns for global brands.

YTD Price Performance: -3.12%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$212.9K

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

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