Market Mover | Urgent.ly Shares Rise 9.40% After Announcing the Completion of a Strategic Divestiture of The Floow
Market Mover | Urgent.ly Shares Rise 9.40% After Announcing the Completion of a Strategic Divestiture of The Floow
We are excited about this step, which we believe enables us to operate with a sharper focus on our core roadside and mobility assistance business. We believe returning control of the The Floow to its management team positions both of our companies for continued success.September 23, 2024 - $Urgent.ly (ULY.US)$ shares rose 9.40% to $0.083 in pre-market trading on Monday. The company announced it completed strategic divestiture of the floow in support of core business focus.
2024年9月23日 - $Urgent.ly (ULY.US)$ 股价在周一的美股盘前交易中上涨9.40%，达到0.083美元。该公司宣布完成对The Floow的战略剥离，以支持核心业务发展。
Under the divestiture agreement, Urgently returned 51% ownership to The Floow’s management, while retaining 49% ownership and a perpetual royalty-free license for The Floow’s technology. This arrangement allows for potential future integration with Urgently’s mobility assistance platform. The transaction is part of Urgently’s strategic effort to divest non-core assets and dedicate its resources to advancing its core business.
根据剥离协议，Urgent.ly将51%的股权归还给The Floow的管理团队，同时保留49%的股权，并获得The Floow技术的永久免费许可。该安排有助于将来可能将The Floow的技术整合到Urgent.ly的移动援助平台中。这一交易是Urgent.ly战略性剥离非核心资产、将资源专注于推进核心业务的努力的一部分。
Chief Executive Officer Matt Booth said:
首席执行官Matt Booth表示：
We are excited about this step, which we believe enables us to operate with a sharper focus on our core roadside and mobility assistance business. We believe returning control of the The Floow to its management team positions both of our companies for continued success.
我们对这一举措感到兴奋，我们相信这使我们能够更专注地开展核心的道路救援和移动援助业务。我们相信将The Floow的控制权归还给其管理团队将为我们两家公司的持续成功铺平道路。
Source: Urgent.ly
来源：Urgent.ly
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