M&A
confidence high
sentiment positive
materiality 0.75
WHEN Group exercises option, now holds 51% of CrossMobile; appoints Deloitte as auditor
WORLD HEALTH ENERGY HOLDINGS, INC.
- Exercised Additional Share Purchase Option to raise stake in CrossMobile from 26% to ~51%.
- Consideration: 10,000,000 shares of WHEN common stock issued to CrossMobile.
- CrossMobile is a licensed GSM operator in Poland, serving EU's 450M population.
- Appointed Deloitte (Brightman Almagor Zohar & Co.) as independent auditor.
- CEO cites controlling stake as major milestone for EU telecom and cybersecurity growth.