Ridgetech, Inc. Completes Strategic Acquisition and Divestiture, Rebrands from China Jo-Jo Drugstores
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Ridgetech, Inc., formerly China Jo-Jo Drugstores, has completed a strategic acquisition of Ridgeline International Limited and a divestiture of equity in Zhejiang Jiuxin Investment Management Co. Ltd. to Oakview International Limited. These changes were approved by shareholders on February 25, 2025, and finalized on February 28, 2025, marking a significant rebranding and restructuring for the company, which operates in the pharmaceutical sector. The current market cap is $9.95M, with a year-to-date price performance of -12.02%.
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