$Mobix Labs (MOBX.US)$ NEWS Mobix Labs Announces Strategic A...
NEWS
Mobix Labs Announces Strategic Acquisition of RaGE Systems
Positive
Acquisition of RaGE Systems to increase Mobix Labs' revenue and earnings
Enhanced capabilities in designing and manufacturing advanced RF and mmWave products
Decreasing development time for cutting-edge wireless communication products
Broadening market presence rapidly through strategic acquisition
Creation of substantial synergies with the merger of Mobix Labs and RaGE Systems
Negative
Potential earn-out payments of up to $8 million over eight fiscal quarters
Risks associated with meeting certain financial metrics for earn-out payments
Positive
Acquisition of RaGE Systems to increase Mobix Labs' revenue and earnings
Enhanced capabilities in designing and manufacturing advanced RF and mmWave products
Decreasing development time for cutting-edge wireless communication products
Broadening market presence rapidly through strategic acquisition
Creation of substantial synergies with the merger of Mobix Labs and RaGE Systems
Negative
Potential earn-out payments of up to $8 million over eight fiscal quarters
Risks associated with meeting certain financial metrics for earn-out payments
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
1326Followers
78Following
9345Visitors
Follow
Dennis Takizawa Hide : Probably will see some movement next week when the news gets out ... GL everyone