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Kinetic Group Inc - KNIT STOCK NEWS

Welcome to our dedicated news page for Kinetic Group (Ticker: KNIT), a resource for investors and traders seeking the latest updates and insights on Kinetic Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kinetic Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kinetic Group's position in the market.

Rhea-AI Summary
Kinetic Group, Inc. (OTC: KNIT) has finalized the acquisition of Binnops US Technologies Inc., a leading AI company providing digital transformation solutions to enterprises. The acquisition positions KNIT as a leading provider of Digital Twins, Smart Assets, AI predictive analytics, and Metaverse engagement to enterprises and retail clients. With expected sales of US$5.1M and EBITDA of US$2.8M in the first year after the acquisition, Binnops' smart asset solutions drive real digital transformation solutions that enhance an enterprise's margins by increasing efficiency and productivity and managing risk through predictive analytics.
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Kinetic Group Inc

OTC:KNIT

KNIT Rankings

KNIT Stock Data

187.93M
12.44M
52.92%
Software Publishers
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United States
Miami