Infobird Co (IFBD) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Infobird Co., Ltd, a Nasdaq-listed company, has entered into an agreement to acquire 32% of Pure Tech Global Limited for approximately $25.7 million. The purchase will be paid in cash and a convertible promissory note, enhancing Infobird’s equity stake in Pure Tech to 97%. This strategic move could potentially boost Infobird’s market positioning and investor interest.
For further insights into IFBD stock, check out TipRanks’ Stock Analysis page.
