Acquisitions13 Oct 2023, 08:17 pm
Cambridge Technology Enterprises Ltd. Updates Acquisition Strategy for Appshark Software Inc.
AI Summary
The Board of Directors of Cambridge Technology Enterprises Ltd. has approved a revised acquisition strategy to acquire 100% stake in Appshark Software, Inc., USA. The company will invest up to USD 4.98 million for the acquisition and subscribe to capital stock/voting stock consisting of 1,000,000 shares or such other number of shares that may be issued by Appshark Software, Inc. in one or more tranches.,
Key Highlights
- Revised acquisition strategy approved
- 100% stake in Appshark Software, Inc. to be acquired
- USD 4.98 million investment
- Capital stock/voting stock subscription