Rhea-AI Summary
Hoops Scouting USA (HSCT) has announced the acquisition of Grit Performance Athletics Inc. mobile app, enhancing its digital basketball recruitment services. The Grit app provides an on-demand training platform for serious athletes, allowing them to customize workout plans. Founded by renowned coach Doug Plumb, the app has been developed to cater to athletes at all levels. CEO Jamie Oei emphasized the acquisition as a strategic move to create an additional revenue stream and leverage advertising opportunities between both entities. The company filed Form 8-K with the SEC on February 21, 2023, detailing this acquisition.
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FAQ
What is the current stock price of HOOPS SCOUTING USA (HSCT)?
The current stock price of HOOPS SCOUTING USA (HSCT) is $0.39 as of July 28, 2026.
What is the market cap of HOOPS SCOUTING USA (HSCT)?
The market cap of HOOPS SCOUTING USA (HSCT) is approximately 39.5M.