M&A
confidence high
sentiment neutral
materiality 0.60
World Health Energy Holdings closes 26% CrossMobile acquisition after Polish regulatory approval
WORLD HEALTH ENERGY HOLDINGS, INC.
- Acquisition of 26% equity interest in CrossMobile Sp. z o.o. under Investment Agreement dated March 22, 2022.
- Consideration: 10,000,000,000 restricted shares of WHEN common stock.
- Share capital increase and issuance to WHEN approved by Polish Companies Registrar on July 22, 2022; published August 1, 2022.
- Closing conditions completed on July 22, 2022, confirming the acquisition.