GBX International Group Inc (OTCMKTS:GBXI) Stock Recovers After Recent Fall
Emerging leader in international economic development, GBX International Group Inc (OTCMKTS:GBXI) on May 8, 2023, announced that it is advancing rapidly to complete the first three initial target acquisitions for the new GBXI Public Company conglomerate growth model.
Trading Data
On Monday, GBXI stock surged 1.46% to $0.1390 with more than 58.88K shares, compared to its average volume of 18K shares. The stock moved within a range of $0.1370 – 0.1600 after opening trade at $0.1370.
GBXI has set operations in motion for three new trading symbols as well as an approval process for OTC Markets trading. It will bring spinout acquisition companies in Cannabis Science, Thermic Science, and XRAYMEDIA Group. It will give all Shareholders to receive pro rata GBXI three new classes of Common Class A, B, and C shares, respectively.
Every spinout company will provide GBXI registered shareholders extra pro-rata shares in the spinout company over and above the original shares. All the acquisitions for GBXI will add to the asset base and the acquisitions are focusing on compounding growth for GBXI shareholders’ wealth. The spinout Companies will be assigned to a New Class of non-trading shares.
Definitive steps for bringing trading and new listing on OTC Markets and NASDAQ to start trade on OTC Markets with new trading symbols. GBXI is pushing forward ASU/CSi-EDP “Bringing it all Together” through American States University Digital Business HUB.
The ASU Digital Business HUB would be harnessed as the principal business student learning center. GBXI will be the significant point to spin out trading shares of all Partner Public and Private Companies like Thermic Science, Cannabis Science,and XRAYMEDIA amongst others.
