OMNIQ Corp (OMQS) has released an update to notify the public and investors about an entry into a material definitive agreement.
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.
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For a comprehensive understanding of the announcement, you can read the full document here.
