BRIEF-MKDWELL Tech To Acquire Premium Smart-Home And IoT Group, Diversifying Beyond Automotive Electronics
Reuters2026/07/17 22:07July 17 (Reuters) - MKDWELL Tech Inc MKDW.O:
MKDWELL TECH INC. TO ACQUIRE PREMIUM SMART-HOME AND IOT GROUP, DIVERSIFYING BEYOND AUTOMOTIVE ELECTRONICS
MKDWELL TECH - DEAL VALUED AT $240 MILLION VIA 30 MILLION NEW SHARES AT $8 PER SHARE
MKDWELL TECH - NEW SHARES TO REPRESENT 87.72% OF ENLARGED ISSUED ORDINARY SHARES UPON COMPLETION
MKDWELL TECH - ACQUISITION TO BE SATISFIED ENTIRELY THROUGH ISSUANCE OF NEW SHARES
Source text: ID:nGNX1Cs3QB
Further company coverage: MKDW.O
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