AlphaVest Acquisition Enters Merger Agreement With Wanshun Technology Industrial Group
Portfolio Pulse from Benzinga Newsdesk
AlphaVest Acquisition (ATMV) has entered a merger agreement with Wanshun Technology Industrial Group. The deal, valued at approximately $300 million, will result in ATMV shareholders receiving shares of Wanshun capital stock. The transaction has been approved by the boards of both companies and is expected to be completed in Q4 2023 or early 2024.
August 14, 2023 | 11:18 am
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ATMV's merger with Wanshun Technology could potentially increase the value of ATMV shares as shareholders will receive shares of Wanshun capital stock. The deal is expected to be completed in Q4 2023 or early 2024.
The merger agreement between ATMV and Wanshun Technology is a significant event for ATMV shareholders as they will receive shares of Wanshun capital stock. This could potentially increase the value of ATMV shares. However, the impact will only be realized once the deal is completed, which is expected in Q4 2023 or early 2024.
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