Acquiring Company
Pluribus Technologies Inc.
Acquired Company
Social5, LLC
Toronto
DraperAdvertisingMedia And EntertainmentSales And MarketingDescription
Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company"), a growing acquiror of small, profitable software companies, today announced that, pursuant to a share purchase agreement dated January 31, 2022 (the "Share Purchase Agreement"), it has acquired (the "Acquisition") all of the issued and outstanding shares in the capital stock of Veemo, Inc., which is the sole member of, and holder of the entire ownership interest in both Social5, LLC and Social5 Development Group, LLC (collectively, "Social5").
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Frequently asked
Who acquired Social5, LLC?
Social5, LLC was acquired by Pluribus Technologies Inc., based in Toronto. The deal was reported on February 1, 2022. The sale of these subsidiaries represents a strategic move by Pluribus Technologies Corp. to optimize its portfolio and unlock value for its shareholders. Pluribus Technologies Inc. is privately held.
When did Pluribus Technologies Inc. acquire Social5, LLC?
Pluribus Technologies Inc.'s acquisition of Social5, LLC was reported on February 1, 2022. Pluribus Technologies Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Social5, LLC do?
Social5 is a social media marketing company that uses proprietary technologies to provide affordable marketing solutions to an underserved SMB market. It is privately held, operating in Advertising, and is based in Draper.
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