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The latest update is out from Quality Industrial (QIND).
Quality Industrial Corp. has announced a deal with Actelis Networks Inc. and Ilustrato Pictures International Inc. to sell a majority stake of 61% to 75% of its shares. Originally expected to close within 60 days, the agreement’s non-solicitation and no-shop clauses have been extended multiple times, with the final deadline set for October 1, 2024, pending certain conditions by September 15. While the transaction’s closure is not guaranteed, these developments are significant for stakeholders tracking the potential acquisition.
Find detailed analytics on QIND stock on TipRanks’ Stock Analysis page.