Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
TROOPS ( (TROO) ) has provided an announcement.
On August 15, 2025, TROOPS, Inc.’s subsidiary, Giant Connection Limited, entered into a Sale and Purchase Agreement with Digital Insura, Inc. to acquire 49% of the shares in BLUE POOL VENTURES LIMITED, which operates an insurance brokerage business. This strategic acquisition, valued at HK$11,833,500, includes a put option to purchase the remaining shares over five years, potentially strengthening TROOPS’ position in the insurance market.
More about TROOPS
TROOPS, Inc., listed on the NASDAQ Capital Market under the ticker TROO, operates in the financial industry with a focus on insurance brokerage. The company is expanding its market presence through its subsidiary, Giant Connection Limited.
Average Trading Volume: 1,777,615
Technical Sentiment Signal: Sell
Current Market Cap: $91.89M
Find detailed analytics on TROO stock on TipRanks’ Stock Analysis page.