Business
All American Pet Company Closes 200 Million Acquisition of Kuora
All American Pet Company Closes 200 Million Acquisition of Kuora.
About this update from All American Pet Company, Inc.
[{"type":"text","content":"\n Las Vegas, Nevada, Sept. 29, 2021 (GLOBE NEWSWIRE) -- All American Pet Company, Inc. (OTC Pink: AAPT) (\"AAPT\" or the \"Company\") a Nevada holding corporation actively pursuing acquisitions wishes to provide shareholders with an update on its USD 200 million acquisition and planned roadmap. The Company is proud to report that it has completed its acquisition of Kuora Industrial Interconnect (“Kuora”). Management has signed a definitive agreement to acquire 100% of the outstanding shares of Kuora as of September 28th, 2021. This transaction, valued at USD 200,000,000, now firmly positions AAPT as a player in the Asian service technology market. The transaction will be done through a Restricted Preferred Shares issuance. \"More than just a keyword, the Gig Economy is a reflection of today’s new reality. Access to specialized labor is paramount to the prosperity of the regional players Kuora services. We are now firmly positioned and strategically partnered with key institutions in the market we operate in. We expect growth over the next 2 years to reflect the new reality of the workforce since the paradigm shift caused by the COVID pandemic”, commented David Chong, Chief Financial Officer of All American Pet Company. The Company also wishes to announce that it will be bringing in the Kuora management team into the fold. To that end, the Company will shortly be issuing a follow-up press release outlining the new appointments. Following that announcement, the Company will be publishing a Corporate Presentation to further detail the nature of the operations of Kuora as well as planned developments. Lastly, as part of its desire to increase its profile among investors and shareholders, the Company will be engaging a New York based Media Marketing Firm as well as a Digital Investor Relations firm to help manage its online presence, social media outreach and investor awareness efforts. About All American Pet Company, Inc. About All American Pet Company, Inc. a Nevada holding corporation actively pursuing acquisitions. All American Pet Company, Inc. is an OTC Markets listed issuer and trades under the ticker symbol \"AAPT\". For more information about the Company, visit: Our OTC Markets Profile: https://www.otcmarkets.com/stock/AAPT/overview  Our website is: https://aaptmerger.com Our Twitter a...