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TROOPS ( (TROO) ) has shared an announcement.
On May 28, 2025, TROOPS, Inc. entered into a stock purchase agreement with Wang & Lee Holdings, Inc., selling 14,050,000 ordinary shares for $12,645,000. The agreement includes a ten-year lock-up period during which the purchaser cannot sell or transfer the shares without the company’s consent, and TROOPS retains an option to repurchase the shares, potentially impacting the company’s financial strategy and shareholder dynamics.
More about TROOPS
TROOPS, Inc. operates in the financial sector and is involved in issuing and selling securities. The company focuses on stock purchase agreements and related financial transactions, positioning itself in the market as a facilitator of equity sales and acquisitions.
Average Trading Volume: 254,164
Technical Sentiment Signal: Sell
Current Market Cap: $81.79M
Learn more about TROO stock on TipRanks’ Stock Analysis page.