Skip to main content

Market Overview

ComSovereign Shares Are Trading Higher On Acquiring RVision For $5.6M

  • 4G LTE Advanced and 5G Communication Systems and Solutions developer ComSovereign Holding Corp (NASDAQ: COMSinked an agreement to acquire RVision. It is a video and communications products and physical security solutions developer for government and private sector commercial industries for a purchase price of $5.58 million consisting exclusively of shares.
  • RVision CEO Brian Kelly will continue along with an additional position of EVP, Business Development for ComSovereign.
  • RVision’s focus on technical innovation in electro-optical sensors can immediately benefit ComSovereign aerial platform business as per ComSovereign CTO Dr. Dustin McIntire. 
  • RVision’s products, along with ComSovereign’s advanced access and backhaul radio technologies, can play a crucial role in accomplishing 5G-enabled Smart Cities and Campuses.
  • ComSovereign held cash worth $0.73 million as of Dec. 31, 2020.
  • Price action: COMS shares traded higher by 4.62% at $2.61 on the last check Wednesday.

Related Articles (COMS)

View Comments and Join the Discussion!

Posted-In: M&A News Penny Stocks Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at