Kubient And Adomni Announce Definitive Merger Agreement Under Which Kubient Will Acquire 100% Of Outstanding Equity Interests In Adomni
Portfolio Pulse from Benzinga Newsdesk
Kubient and Adomni have announced a definitive merger agreement, under which Kubient will acquire 100% of the outstanding equity interests in Adomni. The merger is subject to approval from both companies' stockholders and customary closing conditions.
May 24, 2023 | 8:15 pm
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Kubient is set to acquire 100% of Adomni's outstanding equity interests in a merger agreement, pending approval from both companies' stockholders.
The merger agreement between Kubient and Adomni will result in Kubient acquiring 100% of Adomni's outstanding equity interests. This acquisition could potentially increase Kubient's market share and expand its product offerings, leading to a positive short-term impact on its stock price.
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