The Singing Machine Company Says It Completed The Acquisition Of SemiCab; As Part Of Transaction, Company Also Entered Into An Option Agreement To Acquire SMCB Solutions Private Limited
Portfolio Pulse from Benzinga Newsdesk
The Singing Machine Company has completed the acquisition of SemiCab and entered into an option agreement to acquire SMCB Solutions Private Limited. The transaction involves issuing shares and assuming liabilities.
July 05, 2024 | 3:01 pm
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The Singing Machine Company (MICS) has completed the acquisition of SemiCab and entered into an option agreement to acquire SMCB Solutions Private Limited. The transaction involves issuing shares and assuming liabilities.
The acquisition of SemiCab and the option agreement to acquire SMCB Solutions Private Limited are significant moves for The Singing Machine Company. These transactions involve issuing shares and assuming liabilities, which could impact the company's financials and stock price positively in the short term due to potential growth and expansion opportunities.
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