GlobeNewsWire
24 Aug 2026, 12:49 UTC · 2h ago
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GreetEat Corporation (GEAT) has entered into a binding letter of intent to acquire all equity of ChefKart Hospitality Private Limited. — An acquisition of a growth-oriented technology platform in the Indian market represents a significant expansion of GreetEat's asset base and strategic footprint.
+0.50GreetEat is evaluating the acquisition as part of a broader effort to prepare for a potential future uplisting. — A move toward uplisting generally increases liquidity and institutional visibility for a stock currently trading on the OTC market.
+0.30The proposed acquisition is subject to due diligence, financing, and the execution of definitive agreements. — These conditions introduce execution risk and the possibility that the deal could collapse before closing.
-0.20Which stocks this story touches
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The company is pursuing a strategic acquisition of ChefKart to expand its technology-enabled platform strategy.
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