CNGI News Release Regarding Acquisition and Funding
Rhea-AI Summary
CNGI is actively pursuing opportunities for profitable growth through acquisitions. The company is exploring various funding sources to support its strategy of combining capital investments with a registration statement for a major exchange listing. This move aims to enhance its market position and expand its operational capabilities, signaling an intent to attract investors and create shareholder value.
Positive
- Active pursuit of acquisition candidates to drive growth.
- Exploration of diverse funding sources to bolster capital.
- Strategic aim to list on a major exchange, potentially increasing visibility and market reach.
Negative
- None.
News Market Reaction
On the day this news was published, CNGI gained 199.40%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
WYLIE, TX / ACCESSWIRE / November 30, 2021 / CNGI is actively seeking profitable growth company acquisition candidates. CNGI is exploring capital investments from various funding sources to combine with registration statement for listing on a major exchange.
CONTACT:
Joseph Donahue (Corporate Finance Director; Investor Relation)
211 Regency Dr
Wylie, TX 75098
214-810-3419
SOURCE: Concordis Group Inc
View source version on accesswire.com:
https://www.accesswire.com/675319/CNGI-News-Release-Regarding-Acquisition-and-Funding