Starbox Group Holdings Ltd. (STBX) has released an update.
Starbox Group Holdings Ltd. has announced the successful completion of a significant share issuance, issuing 29 million Class A ordinary shares at $0.20 each to acquire Virtual Space Software from Bardi Equity Limited. The software acquisition enhances Starbox’s assets with a virtual space rebates mall module. The shares, valued at a total of $5.8 million, were issued in compliance with Regulation S, specifically to non-U.S. persons.
For further insights into STBX stock, check out TipRanks’ Stock Analysis page.
