Starbox Group Holdings Ltd. (STBX) has released an update.
Starbox Group Holdings Ltd. has successfully completed the acquisition of a Virtual Reality Software through a share issuance valued at $5 million, issuing 25 million ordinary shares at $0.20 each. The transaction with Raetia Holdings Limited was conducted under a Software Purchase Agreement, structured to comply with Regulation S of the Securities Act of 1933. This strategic move signifies Starbox’s expansion into the virtual reality space, diversifying the company’s technology portfolio.
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