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The latest update is out from Starbox Group Holdings Ltd. ( (STBX) ).
On January 23, 2025, Starbox Group Holdings Ltd., through its subsidiary Irace Technology Limited, entered into a software purchase agreement with Consolidated Thoughts Limited to acquire a Smart Auto Character Reallocate Engine and related assets. The agreement, valued at $15.5 million, will be transacted through the issuance of 10,000,000 Class A ordinary shares. This strategic acquisition is expected to bolster Starbox Group’s technological capabilities and strengthen its market position by expanding its software portfolio.
More about Starbox Group Holdings Ltd.
Starbox Group Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on technological advancements. Its operations are centered around the development and acquisition of software products, enhancing its presence in the tech industry through strategic purchases.
YTD Price Performance: -40.12%
Average Trading Volume: 391,378
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $54.08M
For detailed information about STBX stock, go to TipRanks’ Stock Analysis page.
