Micro Cap Completes Acquisition

Micro Cap Completes Acquisition

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, November 18, 2020

A leading provider of travel and vacation rental booking technology has announced the completion of an acquisition of a 33% stake in Axion Ventures, Inc. (TSX-V:AXV). The acquisition target is an AAA game development studio and game publisher, formerly known as Epic Games China. 

Monaker Group, Inc. (NASDAQ:MKGI) made the acquisition in conjunction with the previously announced planned acquisition of HotPlay Enterprise, a next generation in-game advertising company that leverages proprietary Artificial Intelligence to reach, engage and convert gamers by seamlessly integrating native ads and non-intrusive digital coupons, according to the release.

Traders seemed to be thrilled with the news, as shares traded up to $2.35/share (+2.17%) in early trade. This move comes just weeks after the stock found support near its 52-week low. 


Copyright © 2020 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Acquisition News Sends eSports Company Surging
OTC Energy Standouts
Micro Cap Mobilizes for Phase II Drilling
Most Popular
FREE Newsletter


Back to Top