Starbox Group Holdings Ltd. (STBX) has released an update.
Starbox Group Holdings Ltd. has recently finalized the acquisition of Carnegie Hill Limited by issuing 18 million ordinary shares at $0.30 each, amounting to a total consideration of $5.4 million. The shares were distributed under Regulation S, indicating that the transaction was not intended for U.S. residents or persons. This strategic move marks a significant expansion for Starbox, as they fully integrate Carnegie Hill’s issued and paid-up share capital into their operations.
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