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Mobio Technologies Nears Acquisition and Secures Funding
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Mobio Technologies Nears Acquisition and Secures Funding

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Mobio Technologies (TSE:MBO) has released an update.

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Mobio Technologies Inc. is progressing towards finalizing its acquisition of Tracksuit Movers Inc. and has announced plans to secure bridge financing through convertible promissory notes totaling $525,000 from Phoenix Ventures Inc. and Code Consulting Limited. The funds raised will support the costs associated with completing the acquisition, including various professional fees and regulatory expenses.

For further insights into TSE:MBO stock, check out TipRanks’ Stock Analysis page.

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