Junee to acquire 51% stake in MindEnergy

Junee (NASDAQ:JUNE) has announced an agreement to acquire a 51% stake in MindEnergy AI Technology. The initial consideration for the acquisition is set at $250,000, with a potential total purchase price of up to $9.8 million. As part of the agreement, Junee will issue 62,500 ordinary shares to the seller.

Junee (NASDAQ:JUNE) announced on Wednesday it has reached an agreement to acquire a 51% stake in MindEnergy AI Technology. Pursuant to the share purchase agreement, the initial consideration shall be $250,000 and the total purchase price could be up to $9.8 million. The company shall initially issue 62,500 ordinary shares to the seller, while the m...