ReTo Eco-Solutions ( (RETO) ) has issued an announcement.
In December 2024, ReTo Eco-Solutions, Inc., through its subsidiary Sunoro Holdings Limited, entered into a non-binding memorandum of understanding with Sunflower Energy Holding Limited to potentially acquire two business lines: commercial/office space rental and craft beer brewing machine manufacturing and sales. The proposed transaction will involve a combination of cash and shares and is contingent upon several conditions including agreeing on economic terms, due diligence, and regulatory approvals.
More about ReTo Eco-Solutions
YTD Price Performance: -2.22%
Average Trading Volume: 51,090
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $17.91M
For detailed information about RETO stock, go to TipRanks’ Stock Analysis page.