Industrials Company Recruiter.Com Group Announces Merger With GoLogiq
Portfolio Pulse from Benzinga Insights
Recruiter.Com Group (NASDAQ:RCRT) has announced a merger with GoLogiq (OTC:GOLQ) to be completed in Q4 of 2023. The deal involves an exchange of $105 million in RCRT stock for GOLQ stock.
June 06, 2023 | 3:10 pm
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POSITIVE IMPACT
GoLogiq merges with Recruiter.Com Group, receiving $105 million in RCRT stock in exchange for GOLQ stock.
The merger with Recruiter.Com Group is expected to have a positive short-term impact on GOLQ stock. The deal provides GoLogiq with additional resources and exposure to the recruitment industry, potentially increasing its market share and revenue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Recruiter.Com Group announces merger with GoLogiq, exchanging $105 million in RCRT stock for GOLQ stock.
The merger between Recruiter.Com Group and GoLogiq is expected to have a positive short-term impact on RCRT stock. The deal expands the company's reach into fintech and mobile solutions, potentially increasing its market share and revenue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100