STOCK TITAN

NEXT10, Inc. Announces Acquisition of Torreon Group, Inc.

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
NEXT10 (OTC PINK: NXTN) has announced the acquisition of Torreon Group, an Arizona-based company specializing in real estate development, commercial ventures, and strategic acquisitions. The company plans to release additional details about the acquisition through public announcements starting later in the week. The announcement lacks specific details about the transaction value, terms, or expected impact on NEXT10's operations.
NEXT10 (OTC PINK: NXTN) ha annunciato l'acquisizione di Torreon Group, un'azienda con sede in Arizona specializzata nello sviluppo immobiliare, nelle attività commerciali e nelle acquisizioni strategiche. L'azienda prevede di fornire ulteriori dettagli sull'acquisizione tramite comunicati pubblici a partire dalla fine della settimana. L'annuncio non include informazioni specifiche sul valore della transazione, sui termini o sull'impatto previsto sulle operazioni di NEXT10.
NEXT10 (OTC PINK: NXTN) ha anunciado la adquisición de Torreon Group, una empresa con sede en Arizona especializada en desarrollo inmobiliario, negocios comerciales y adquisiciones estratégicas. La compañía planea publicar más detalles sobre la adquisición a través de comunicados públicos a partir de finales de esta semana. El anuncio no proporciona detalles específicos sobre el valor de la transacción, los términos o el impacto esperado en las operaciones de NEXT10.
NEXT10(OTC PINK: NXTN)는 부동산 개발, 상업 사업 및 전략적 인수에 특화된 애리조나 기반 회사인 Torreon Group을 인수했다고 발표했습니다. 회사는 이번 주 후반부터 공개 발표를 통해 인수에 관한 추가 세부 정보를 제공할 계획입니다. 이번 발표에는 거래 금액, 조건 또는 NEXT10의 운영에 미칠 예상 영향에 대한 구체적인 내용은 포함되어 있지 않습니다.
NEXT10 (OTC PINK : NXTN) a annoncé l'acquisition de Torreon Group, une entreprise basée en Arizona spécialisée dans le développement immobilier, les activités commerciales et les acquisitions stratégiques. La société prévoit de communiquer davantage de détails sur cette acquisition à travers des annonces publiques à partir de la fin de la semaine. L'annonce ne fournit pas d'informations précises sur la valeur de la transaction, ses conditions ou l'impact attendu sur les opérations de NEXT10.
NEXT10 (OTC PINK: NXTN) hat die Übernahme der Torreon Group bekannt gegeben, einem in Arizona ansässigen Unternehmen, das sich auf Immobilienentwicklung, kommerzielle Unternehmungen und strategische Akquisitionen spezialisiert hat. Das Unternehmen plant, im Laufe der Woche weitere Details zur Übernahme in öffentlichen Bekanntmachungen zu veröffentlichen. Die Ankündigung enthält keine spezifischen Angaben zum Transaktionswert, zu den Bedingungen oder zu den erwarteten Auswirkungen auf die Geschäftstätigkeiten von NEXT10.
Positive
  • Acquisition of established company with diverse portfolio in real estate development and commercial ventures
  • Geographic expansion into Arizona market through acquisition
Negative
  • Lack of financial details or terms of the acquisition
  • No immediate information about the strategic benefits or impact on operations

LAS VEGAS, June 09, 2025 (GLOBE NEWSWIRE) -- via IBN -- Next10, Inc., (OTC PINK: NXTN) is excited to announce the acquisition of Torreon Group, Inc. Torreon Group is an Arizona-based company with a strong portfolio in real estate development, commercial ventures, and strategic acquisitions.

Additional details regarding the acquisition will be shared in public announcements, starting later this week.

This Press Release does not constitute an offering of any securities for sale.

Safe Harbor Statement: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Wire Service Contact:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com


FAQ

What company did NEXT10 (NXTN) acquire in June 2025?

NEXT10 acquired Torreon Group, an Arizona-based company specializing in real estate development, commercial ventures, and strategic acquisitions.

What are Torreon Group's main business areas?

Torreon Group's main business areas include real estate development, commercial ventures, and strategic acquisitions.

When will NEXT10 release more details about the Torreon Group acquisition?

NEXT10 plans to release additional details about the acquisition through public announcements starting later in the week of June 9, 2025.

What is the value of NEXT10's acquisition of Torreon Group?

The press release does not disclose the financial terms or value of the acquisition of Torreon Group.
Next10

OTC:NXTN

NXTN Rankings

NXTN Latest News

NXTN Stock Data

978.91k
Trucking
Industrials
United States
Placentia