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OmniQ Corp Sells Legacy Assets for $45 Million

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OmniQ Corp Sells Legacy Assets for $45 Million

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OMNIQ Corp ( (OMQS) ) just unveiled an announcement.

On July 11, 2025, OmniQ Corp completed the sale of its legacy business line assets to Summit Junction Holdings LLC for approximately $45 million. This transaction, approved by OmniQ’s Board of Directors, involves the transfer of assets and certain liabilities, potentially impacting the company’s focus and market positioning.

Spark’s Take on OMQS Stock

According to Spark, TipRanks’ AI Analyst, OMQS is a Neutral.

OMNIQ Corp’s stock score of 44 reflects significant financial challenges and unattractive valuation metrics, which are mitigated slightly by neutral technical indicators. The company’s negative equity and declining revenues pose substantial risks. While technical analysis shows slight short-term positive momentum, the overall financial instability and lack of profitability weigh heavily on the stock’s attractiveness.

To see Spark’s full report on OMQS stock, click here.

More about OMNIQ Corp

OmniQ Corp is a Delaware-based company that, along with its subsidiaries, provides integrated hardware, software, and automation solutions.

Average Trading Volume: 29,374

Technical Sentiment Signal: Strong Sell

Current Market Cap: $767.4K

For a thorough assessment of OMQS stock, go to TipRanks’ Stock Analysis page.

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