Starbox Group Holdings Ltd. (STBX) has released an update.
Starbox Group Holdings Ltd. completed a significant expansion by acquiring the VS Immersive Advertisement Software, achieving this through the issuance of 32.5 million Class A shares valued at $6.5 million. This strategic acquisition was executed with the help of subsidiaries and international partners, thereby enhancing Starbox’s portfolio in the virtual advertising space. The shares were issued under securities regulations ensuring no U.S. residents or persons were among the recipients.
For further insights into STBX stock, check out TipRanks’ Stock Analysis page.
