Zenta Group Co Ltd
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See all $ZTG insider activity →Zenta Group (Nasdaq: ZTG) agreed to acquire 100% of ZentoAI, an AI and big data company, for HKD10M in cash and $5.84M in shares. The deal, subject to conditions, aims to expand Zenta's AI capabilities and East Asia market presence. Closing is expected within 30 business days, but no later than 120 days.
The acquisition expands Zenta's AI and big data capabilities in East Asia, potentially boosting its valuation.
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Zenta Group (Nasdaq: ZTG) agreed to acquire 100% of ZentoAI, an AI and big data company, for HKD10M in cash and $5.84M in shares. The deal, subject to conditions, aims to expand Zenta's AI capabilities and East Asia market presence. Closing is expected within 30 business days, but no later than 120 days.
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