Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

Reported Earlier, ShiftPixy Signs LOI To Acquire AI Innovator TurboScale iI $150M Deal

Author: Benzinga Newsdesk | October 23, 2024 01:17am

ShiftPixy on October 16, 2024, it entered into a non-binding Letter of Intent ("LOI") to acquire TurboScale, a cutting-edge AI technology company specializing in scalable GPU cloud infrastructure and AI model deployment, for a purchase price of $150 million. The deal, structured as $75 million in stock and $75 million in debt, underscores ShiftPixy's commitment to accelerating innovation through artificial intelligence and enhancing its platform capabilities with TurboScale's advanced AI solutions.

Posted In: PIXY


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist