tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OMNIQ Corp Finalizes CodeBlocks Ltd Acquisition

OMNIQ Corp Finalizes CodeBlocks Ltd Acquisition

OMNIQ Corp (OMQS) has released an update to notify the public and investors about an entry into a material definitive agreement.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Omniq Corp. and its subsidiary, Dangot Computers Ltd., have completed the acquisition of CodeBlocks Ltd. for approximately $1.275 million. The deal, involving full ownership transfer, was settled in seven equal installments, with the final payment scheduled for January 11, 2025. This strategic move was finalized on February 1, 2024, marking a significant expansion for Omniq Corp. in the tech sector.

For further insights into OMQS stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1