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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., May. 18, 7:16 PM

Slide #11. Triterras Inc. Invoice Bazaar

Acquirer: Triterras Inc. (NASDAQ:TRIT)
Acquiree: Invoice Bazaar
Details: Triterras Inc. (Nasdaq: TRIT, TRITW) ("Triterras" or the "Company"), a leading fintech company for trade and trade finance, today announced that it has executed definitive agreements in connection with its previously announced Letter of Intent for the acquisition of Invoice Bazaar, an established provider of supply chain finance services and e-commerce financing in the Gulf Cooperation Council markets. The transaction is subject to customary closing conditions.

Triterras is a financial technology company focused on trade and trade finance. Co. operates Kratos, which is a blockchain-enabled, commodity trading and trade finance digital platform. Co.'s platform connects and enables commodity traders to trade and source capital from lenders directly online. Kratos financing options include supply chain financing, accounts receivable purchase (ARP) financing and loan financing.

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Company Name:  Triterras Inc
Stock buyback:  TRIT buyback
Sector:  Information Technology Services

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May 18, 2021    7:16 PM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
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