RAS Technology Holdings Limited (AU:RTH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
RAS Technology Holdings Limited announces a strategic partnership with Waterhouse VC to accelerate growth and expand opportunities, with a focus on leveraging Racing and Sports’ technology and content solutions. The deal includes performance-based milestones that could yield up to $35 million in new revenue, alongside the provision of advisory services by Waterhouse Contractor. Shares and options are part of the agreement, aiming to create value for shareholders over an initial term of 36 months.
For further insights into AU:RTH stock, check out TipRanks’ Stock Analysis page.