Asian American grocery supermarket chain, iFresh Inc (NASDAQ:IFMK) announced entry into a share exchange agreement for the acquisition of Xiaotai International Investment Inc.
iFresh also entered an agreement to sell its NYM subsidiary for $9.1 million in cash.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Xiaotai International Investment is a “peer-to-peer” lending company based in Hangzhou, China and provides an internet lending information intermediary platform that gives borrowers access to a variety of loan products in China.
iFresh shares spiked up 77 percent to $2.24 on Monday morning, but traded around $1.31 at time of publication.