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Blackford Capital announced it will acquire Moro Corporation (OTC:MRCR) in an all-cash merger announced December 29, 2025. The deal values Moro at approximately $34.2 million or $5.59 per share, with about $3.3 million (≈$0.55 per share) placed in escrow and holdbacks under the merger agreement.
The transaction was approved by both boards and by Moro stockholders holding the requisite majority and is subject to customary closing conditions. The companies expect the deal to close promptly. Upon closing, Moro's OTC quotation will be suspended.