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OpenLocker Holdings ( (OLKR) ) has shared an announcement.
OpenLocker Holdings Inc. announced the acquisition of Crisp Momentum Inc. from Digital Knight Finance S.á.r.l. in exchange for 35,600,000 shares of common stock, with an additional earnout potential of up to $6 million. This acquisition marks a strategic shift towards short-form content production and distribution, inspired by the Duanju genre from China, aiming to capture a significant market share in this growing sector. Additionally, Clive Ng has been appointed as Chairman of the Board, bringing extensive experience in media and Asian markets, which is expected to drive growth and enhance shareholder value.
More about OpenLocker Holdings
OpenLocker Holdings Inc. (OLKR) is a company focusing on IP monetization, listed on the OTCID.
Average Trading Volume: 19,294
Technical Sentiment Signal: Hold
Current Market Cap: $104.5M
Learn more about OLKR stock on TipRanks’ Stock Analysis page.