World Health Energy Hldgs Stock (OTC: WHEN)

World Health Energy Hldgs Stock (OTC:WHEN), Trade Ideas

World Health Energy Holdings Inc is engaged in the telecom and cybersecurity technology field. Along with its subsidiaries, the company offers cybersecurity system software, AI-based image processing systems such as audio-video systems and security camera solutions, and public mobile telephone services in Europe.

WORLD HEALTH ENERGY HLDGS by World Health Energy Holdings, Inc.

World Health Energy Holdings Inc

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Cuentas&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cuen-stock-quote/">CUEN</a>) stock is on the move Friday after the company announced <a href="https://finance.yahoo.com/news/proposed-acquisition-cuentas-inc-majority-125000171.html">details of a stock exchange plan</a>.
According to a press release, a majority of shareholders of World Health Energy (OTCMKTS:<a href="https://investorplace.com/stock-quotes/when-stock-quote/">WHEN</a>) have signed a binding letter of intent with Cuentas. This would see World Health Energy become a majority-owned subsidiary of Cuentas.
The deal has UCG, Inc., a 75% shareholder in World Health Energy, agreeing to trade its shares to Cuentas. It would do so for a number of shares of CUEN stock equal to a 50% stake in the company. Cuentas intends to fold World Health Energy into its Mobile Platform after the deal closes.
Giora Rosensweig, CEO of World Health Energy, said the following about the deal.
&ldquo;This transaction will help solidify our foundation and advance our position as a major player in the new age of cybersecurity and AI, enabling us to address the previously unsolvable security problems in fintech. Together with Cuentas, we see the opportunity to expand more rapidly across multiple markets and industries as we bring our innovative solutions to major customers in the US and around the world.&rdquo;
<h2>CUEN Stock Movement on Friday</h2>
CUEN stock was initially down in early morning trading following the announcement of its deal with World Health Energy. However, the stock has recovered from that fall and is currently up slightly compared to yesterday&rsquo;s close. WHEN stock is up 200% as of Friday morning.
Investors that are on the lookout for even more of the most recent stock market news on Friday will want to keep reading!
We&rsquo;re offering up insight into all of the latest stock market news traders need to know about today. A few examples include what&rsquo;s happening with shares of Xortx Therapeutics&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/xrtx-stock-quote/">XRTX</a>) and FaZe&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/faze-stock-quote/">FAZE</a>) stock, as well as the biggest pre-market stock movers this morning. All of that news is ready to go down below!
<h2>More Friday Stock Market News</h2>
<ul>
<li><a href="https://investorplace.com/2023/10/why-is-xortx-therapeutics-xrtx-stock-up-110-today/">Why Is Xortx Therapeutics (XRTX) Stock Up 110% Today?</a></li>
<li><a href="https://investorplace.com/2023/10/why-is-faze-faze-stock-up-40-today/">Why Is FaZe (FAZE) Stock Up 40% Today?</a></li>
<li><a href="https://investorplace.com/2023/10/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-oct-20th/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a></li>
</ul>
On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;<a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a>&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;&nbsp;<a href="http://investorplace.com/" target="_blank">InvestorPlace.com</a>&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.&nbsp;
Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>
<h3>More From InvestorPlace</h3>
<ul>
<li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
<li>
						<a href="https://investorplace.com/2023/05/secret-income-blueprint-of-the-one-percent/?cid=MKT730394&amp;eid=MKT771243">The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors</a>
					</li>
</ul>
<div>
<div>
<div></div>
<div></div>
</div>
</div>
The post <a href="https://investorplace.com/2023/10/why-is-cuentas-cuen-stock-moving-today/">Why Is Cuentas (CUEN) Stock Moving Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Cuentas (CUEN) Stock Moving Today?

CUEN

FAZE

WHEN

XRTX

Press Releases

Cuentas to Introduce Proprietary Mobile Security Technology to the U.S. Market

Proposed Acquisition by Cuentas, Inc. of Majority Stake in World Health Energy Holdings, Inc. Offers Opportunity for Expansion of WHEN Group's Cybersecurity, AI and Telecom Technology Footprint

News

Contracts

CUEN - Cuentas Launches Cuentas Mobile Service and Signs $4 Million Distribution Agreement

CUEN - Cuentas Announces Final Stage of Fintech and Mobile Product Development Targeting $18 billion North American Market

CUEN – Cuentas Releases Proposed Acquisition of Majority Stake in World Health Energy Holdings, Inc., Targeting $215 Billion Global Cybersecurity Market

Earnings

CUEN - Cuentas Achieves Remarkable Third Quarter Results, Showcasing an Astounding 861% Revenue Surge Compared to the Previous Quarter in 2023, Alongside a Noteworthy 200% Year-over-Year Growth in Cash Position.

CUEN – Cuentas Impending Game-Changing Acquisition of WHEN, Showcased as a Leading Cybersecurity Acquisition in 2023 by CSO's Annual Industry Review

CUENW

World Health Energy Hldgs