SilverSun Stockholders Approve Equity Investment; Pursuant To The Investment Agreement, JPE And The Minority Co-Investors Will Invest $1B In Cash Into SilverSun
Portfolio Pulse from Benzinga Newsdesk
SilverSun Technologies, Inc. (NASDAQ:SSNT) stockholders have approved an equity investment agreement with Jacobs Private Equity II, LLC (JPE) and minority co-investors, resulting in a $1 billion cash investment into SilverSun.
May 30, 2024 | 2:49 pm
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SilverSun Technologies stockholders have approved a $1 billion equity investment from Jacobs Private Equity II, LLC and minority co-investors. This significant cash infusion is expected to positively impact the company's stock price in the short term.
The approval of a $1 billion equity investment is a substantial financial boost for SilverSun Technologies. This influx of capital is likely to be viewed positively by investors, leading to a short-term increase in the stock price.
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