MIND Technology Announces Sale Of Klein Unit For Cash Consideration Of $11.5M
Portfolio Pulse from Benzinga Newsdesk
MIND Technology has announced the sale of its Klein unit for a cash consideration of $11.5 million.
August 22, 2023 | 11:02 am
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POSITIVE IMPACT
MIND Technology has sold its Klein unit for $11.5 million. This could potentially improve the company's cash position.
The sale of the Klein unit for $11.5 million will likely improve MIND Technology's cash position, which could be seen as a positive move by investors. This could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
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