Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Actelis Networks, Inc. (ASNS) has shared an announcement.
Actelis Networks, Inc. has announced plans to acquire a majority stake in Quality Industrial Corp, ranging from 61% to 75% of its shares. The acquisition process, subject to regulatory approval and successful due diligence, was initially expected to close within 60 days but has faced several extensions to the non-solicitation and no-shop periods, now set until August 30, 2024. However, there is no guarantee that a definitive agreement will be reached or that the acquisition will be finalized.
Find detailed analytics on ASNS stock on TipRanks’ Stock Analysis page.