M&A
confidence high
sentiment neutral
materiality 0.40
Nocera reports delay in acquisition of Zhe Jiang; still working towards closing
NOCERA, INC.
- On June 1, 2023, Nocera subsidiary GZ GST agreed to acquire Zhe Jiang in exchange for 1.5M shares.
- Acquisition not consummated due to time constraints and due diligence complexities.
- Company actively resolving challenges and will file 8-K upon closing of the deal.