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Pinewood Tech Stock Price, News & Analysis

PINWF NYSE

Welcome to our dedicated page for Pinewood Tech news (Ticker: PINWF), a resource for investors and traders seeking the latest updates and insights on Pinewood Tech stock.

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 Pinewood Tech'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 Pinewood Tech's position in the market.

Rhea-AI Summary
Pinewood.AI has agreed to acquire Lithia's 51% stake in their North American joint venture for $76.5M, paid through 14.56M new Pinewood.AI shares, valuing the venture at $150M. The deal gives Pinewood.AI full control of its North American platform and includes a 5-year contract to implement their Automotive Intelligence platform across all Lithia's US and Canada dealerships by 2028. Pinewood.AI expects to generate $40M in annual recurring revenue post-rollout, potentially reaching $60M with additional features. The acquisition simplifies Pinewood.AI's structure and enables full revenue consolidation. Lithia will remain a minority shareholder and key customer, with the platform rollout starting with pilot US stores in H2 2025 and full implementation beginning in 2026.
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NYSE:PINWF

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59.50M