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Thursday, November 09, 2023 10:07:23 AM
https://www.marketwatch.com/press-release/cuen-cuentas-announces-final-stage-of-fintech-and-mobile-product-development-targeting-18-billion-north-american-market-fc3ccf4b?mod=mw_quote_news_seemore
salient paragraph concerning WHEN...
"WHEN Group (OTC Pink: WHEN) will become a majority-owned subsidiary of Cuentas through a proposed share exchange transaction. The proposed premium price per share has been valued at $10 per CUEN share. Cuentas' Board of Directors has approved the transaction, and the companies expect to complete it by the year-end of 2023. The closing is contingent on several factors, including, without limitation, the approval of Nasdaq and the shareholders of Cuentas."
$10 a Share in... CUEN, but .... how does that value WHEN Shares? If anyone has communication with Giora, please ask them to explain the "bottom line" to the rest of us.
I notice this PR has only shown up under CUEN's purview for now; it is yet to appear under WHEN-specific News.
Recent WHEN News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 07:44:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 09:05:34 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 04:15:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:06:53 PM
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