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tw0122

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tw0122

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Wednesday, 10/09/2024 10:29:59 AM

Wednesday, October 09, 2024 10:29:59 AM

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.89 Can’t get above $1 Financial details weren't disclosed.

10:18 AM EDT, 10/09/2024 (MT Newswires) -- E-Home Household Service Holdings (EJH) said Wednesday that it plans to merge with and acquire Fuzhou Yunding Mutual Chain Information Technology, a provider of artificial intelligence access control system and intelligent community services in China.

Financial details weren't disclosed.

The proposed transaction will help E-Home improve its market competitiveness and enter the AI industry and smart community service, the company said.

Shares of E-Home were down nearly 8% in recent Wednesday trading.

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