RevoluGROUP Canada (TSE:REVO) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
RevoluGROUP Canada Inc. has received a 7 million CAD cash private placement subscription offer from Meridien Holdings Inc., which is subject to regulatory approval and includes conditions such as warrants issuance and board representation changes. The Board of RevoluGROUP is currently evaluating the offer, ensuring it aligns with regulatory requirements and the company’s standards, particularly concerning the source of funds and proposed new business plans.
For further insights into TSE:REVO stock, check out TipRanks’ Stock Analysis page.