Kandi Technologies' Subsidiary SC Autosports Acquires Northern Group For 3,951,368 Restricted Shares Valued At $13M
Portfolio Pulse from Bill Haddad
Kandi Technologies' subsidiary SC Autosports has acquired Northern Group for 3,951,368 restricted shares valued at $13 million.
June 26, 2023 | 12:36 pm
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Kandi Technologies' subsidiary SC Autosports acquires Northern Group for 3,951,368 restricted shares valued at $13 million.
The acquisition of Northern Group by Kandi Technologies' subsidiary SC Autosports is expected to have a positive impact on KNDI's stock price in the short term. The acquisition expands the company's market presence and could potentially lead to increased revenues and growth.
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