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My Foodie Box Pursues New Acquisitions After Meal Kit Divestment

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My Foodie Box Pursues New Acquisitions After Meal Kit Divestment

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The latest announcement is out from My Foodie Box Limited ( (AU:MBX) ).

My Foodie Box Limited has completed the divestment of its meal kit business and is now actively seeking acquisition opportunities to enhance shareholder value. The company has entered into a mandate with Kaai Capital to manage a debt raising of up to $300,000 to pay off existing debts and support its acquisition efforts, with $80,000 already received.

More about My Foodie Box Limited

My Foodie Box Limited is involved in the food industry, primarily focusing on meal kit services. The company is based in Maylands, Western Australia, and its market activities include exploring acquisition opportunities after divesting its meal kit business.

YTD Price Performance: 0.0%

Average Trading Volume: 10,000

Technical Sentiment Consensus Rating: Buy

Learn more about MBX stock on TipRanks’ Stock Analysis page.

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