nDatalyze Corp (TSE:NDAT) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
nDatalyze Corp. has announced a non-binding Letter of Intent to engage in a reverse takeover with Ameresco Holding LLC, potentially resulting in a significant overhaul of its leadership and business structure. The proposed transaction would spin out nDatalyze’s mental health assets into a separate private company, leaving current shareholders with approximately 14% of the new entity. This strategic move aims to transform nDatalyze’s operations while Ameresco Holding LLC continues its focus on enhancing internet-based brands.
For further insights into TSE:NDAT stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Keep On Buying,’ Says Investor About Microsoft Stock
- ‘Priced for Fantasy,’ Says Investor About Tesla Stock
- ‘Remain Skeptical,’ Says Top Investor About AMD Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
