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nDatalyze Corp Completes Due Diligence for Reverse Takeover

Story Highlights

An announcement from nDatalyze Corp ( (TSE:NDAT) ) is now available.

nDatalyze Corp has completed due diligence for a reverse takeover involving Thrive Tech Holdings, Inc., which now owns Ameresco Holding LLC. The revised letter of intent outlines changes such as replacing the board of directors and officers, spinning out mental health assets to a separate private company owned by existing shareholders, and issuing new common shares. The transaction requires regulatory and shareholder approvals, and there are no plans for share consolidation. Thrive Tech Holdings reported significant revenue and profit, highlighting its focus on internet-based brands.

More about nDatalyze Corp

nDatalyze Corp is a company involved in facilitating reverse takeovers. Thrive Tech Holdings, Inc., a US-based company, through its subsidiary Ameresco Holding LLC, buys, operates, and sells established internet-based brands.

YTD Price Performance: -56.25%

Average Trading Volume: 46,332

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.45M

See more insights into NDAT stock on TipRanks’ Stock Analysis page.

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