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0 -0.00100995527340922 -0.000721396623863759 0.000288558649545463 -0.00129851392295489 0.000432837974318297 0.0013706535853412 -0.00331842446977354
Stock impact report

FLUENT Corp. Announces Sale of Pennsylvania Operations Strengthening Balance Sheet and Sharpening Focus on Core Growth Markets [Yahoo! Finance]

Moelis & Company Class A (MC) 
Last moelis & company class a earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: moelis.com
Company Research Source: Yahoo! Finance
completed the sale of its Pennsylvania operations to HIVE Holdings, Inc., effective December 31, 2025 for US$12.5 million in cash. The proceeds from the transaction were used to reduce FLUENT's outstanding debt, which is expected to meaningfully enhance its balance sheet, allowing the Company to further concentrate capital and operational resources on its core growth markets. The Company is at arms -length from HIVE Holdings, Inc and no finders' fees are payable in connection with the sale. “This transaction is an important step forward for FLUENT,” said Dave Vautrin, Interim Chief Executive Officer of FLUENT. “By divesting our Pennsylvania operations, we are strengthening our balance sheet, reducing leverage, and sharpening our strategic focus on markets where we see the greatest near and mid-term opportunity.” The sale comes at a pivotal moment for the U.S. cannabis industry, as recent federal action to reschedule cannabis represents a meaningful shift toward a more rational r Show less Read more
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