Expro Group Holdings (XPRO) has issued an announcement.
On May 15, 2024, Expro Group Holdings N.V. boosted its revolving credit facility by $90 million, bringing the total to $340 million, to finance the acquisition of Coretrax, a subsidiary now fully owned. In conjunction with the acquisition, a Registration Rights Agreement was established, dictating the resale and transfer timeline of the company’s shares. The acquisition was finalized with a combination of cash and common stock, and shares were issued under specific legal exemptions, details of which were announced in a press release.
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