Spotlite360 Iot Solutions, Inc. And Trackx Holdings, Inc. Announce A Letter Of Intent (Loi) For Spotlite360 To Acquire Trackx Holdings, Inc.
Acquiring Company
SpotLite360 IOT Solutions
Acquired Company
TrackX
Description
SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) is pleased to announce that it has entered into a non-binding Letter of Intent (the “LOI”) to acquire TRACKX HOLDINGS, INC (“TrackX”) (TSX.V:TKX I Frankfurt:3TH) by way of a proposed transaction (the “Proposed Transaction”), whereby the Company will acquire all of the issued and outstanding securities of TrackX.
Quick answer
SpotLite360 IOT Solutions is acquiring TrackX, announced December 7, 2022.
- How much did SpotLite360 IOT Solutions pay for TrackX?
- The deal value was not disclosed.
- What does SpotLite360 IOT Solutions do?
- SpotLite360 is a logistics technologies solutions provider unlocking value, opportunities, and efficiencies for all participants in a supply chain.
Source: Fundz verified event record.
Other recent acquisitions in Agriculture and Farming and Supply Chain Management
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Trackx Holdings, Inc. And Spotlite360 Iot Solutions, Inc. Announce A Letter Of Intent (Loi) For Spotlite360 To Acquire Trackx (December 7, 2022)
- Legal Grc Platform Exterro, A Leeds Equity Portfolio Company, Announces Acquisition Of E-Discovery Provider Zapproved (January 19, 2023)
- Legal Grc Platform Exterro Announces Acquisition Of E-Discovery Provider Zapproved (January 19, 2023)
- Trimble To Acquire Transporeon To Strengthen And Accelerate Connect & Scale Strategy (December 12, 2022)
- Norfolk Southern To Purchase Assets Of The Cincinnati Southern Railway (November 21, 2022)
- Capacity Acquires Textel To Enable Businesses With Conversational Ai In Sms (January 19, 2023)
Who to call at SpotLite360 IOT Solutions, and when
When SpotLite360 IOT Solutions changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day SpotLite360 IOT Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SpotLite360 IOT Solutions, from your own LinkedIn network
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Fundz sees it the moment SpotLite360 IOT Solutions makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired TrackX?
TrackX was acquired by SpotLite360 IOT Solutions. The deal was reported on December 7, 2022. SpotLite360 is a logistics technologies solutions provider unlocking value, opportunities, and efficiencies for all participants in a supply chain. SpotLite360 IOT Solutions is privately held and operates in Agriculture and Farming.
When did SpotLite360 IOT Solutions acquire TrackX?
SpotLite360 IOT Solutions's acquisition of TrackX was reported on December 7, 2022. SPOTLITE360 IOT SOLUTIONS, INC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TrackX do?
It is privately held, operating in Information Technology.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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