Medigus Announces ParaZero Received Second Order From An Automotive Manufacturer; C. Is 33.36% Owned By Medigus
Portfolio Pulse from Benzinga Newsdesk
Medigus announced that its 33.36% owned subsidiary, ParaZero, received a second order from an undisclosed automotive manufacturer. The details of the order were not disclosed.
August 08, 2023 | 1:01 pm
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POSITIVE IMPACT
Medigus' subsidiary, ParaZero, has received a second order from an automotive manufacturer. This could potentially increase Medigus' revenues and positively impact its stock price.
Medigus owns 33.36% of ParaZero. The second order from an automotive manufacturer to ParaZero could potentially increase revenues for Medigus, which could positively impact its stock price. However, the details of the order were not disclosed, so the exact impact is uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100