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The latest announcement is out from SecureTech Innovations ( (SCTH) ).
On June 23, 2025, SecureTech Innovations, through its subsidiary AI UltraProd, Inc., completed the acquisition of Aiultraprod Group Limited, a Hong Kong company, under an Acquisition and Stock Purchase Agreement. This strategic move, valued at US$8,565,500, involves SecureTech issuing 185 unregistered shares of its Series A Preferred Stock to AIUP Holding Limited. The acquisition is part of SecureTech’s plan to provide financial support and strategic mentorship to the acquired company and its subsidiary, Zhejiang Jizhu Technology Co., Ltd., with the goal of preparing them for a potential spin-off and independent listing on NASDAQ. This development positions SecureTech to enhance its market presence in the AI and industrial 3D printing sectors.
More about SecureTech Innovations
SecureTech Innovations operates in the technology industry, focusing on integrating artificial intelligence with industrial 3D printing technology to revolutionize industrial services and manufacturing. The company aims to optimize processes from design to delivery, significantly reducing manufacturing times and costs, and holds 24 patents with additional patents pending.
Average Trading Volume: 219
Technical Sentiment Signal: Buy
Current Market Cap: $163.5M
See more data about SCTH stock on TipRanks’ Stock Analysis page.