Jupiter Wellness Says On May 20, Entered Into Agreement With SRM Entertainment To Exchange All Of Capital Stock Of 'SRM Entertainment Ltd' In Exchange For 6.5M Shares Of SRM
Portfolio Pulse from Benzinga Newsdesk
Jupiter Wellness announced on May 20 that it has entered into an agreement with SRM Entertainment to exchange all of the capital stock of 'SRM Entertainment Ltd' for 6.5 million shares of SRM.
June 02, 2023 | 8:30 pm
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Jupiter Wellness has entered into an agreement to exchange all capital stock of SRM Entertainment Ltd for 6.5 million shares of SRM.
The acquisition of SRM Entertainment Ltd by Jupiter Wellness is expected to have a positive short-term impact on JUPW's stock price. The exchange of capital stock for 6.5 million shares of SRM indicates a significant deal, which could lead to increased investor interest and potential growth opportunities for the company.
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