Starbox Group Holdings Ltd. (STBX) has released an update.
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Starbox Group Holdings Ltd. has successfully completed the acquisition of Virtual Interactive Enterprise Showroom Software along with a share issuance involving 50 million Class A ordinary shares valued at $8 million. This strategic move was executed through a software purchase agreement with Global Clearing Solutions Limited and involved non-U.S. assignees in compliance with Regulation S of the Securities Act of 1933. The details of the transactions were officially filed with the company’s recent Form 6-K.
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