Alpine 4 Holdings (ALPP) Stock Extends Rally After Announcing a New Acquisition

The Alpine 4 Holdings Inc (OTCMKTS:ALPP) stock has emerged as one of the notable gainers this morning after the company announced that it has reached a definitive agreement with regards to the acquisition of Thermal Dynamics International Inc.

The stock has rallied by 15% this morning after having clocked gains of 28% on Tuesday. It was also announced that the deal is expected to be closed between the two parties on May 17, 2021. Thermal Dynamics is a global engineers company and is also involved in the project management space.

Last month, Alpine 4 Holdings also announced that its subsidiary company Quality Circuit Assembly was on track to end March with revenues of $1.3 million. That revenue figure is a record for Quality Circuit Assembly. In addition to that, it was also announced that Quality Circuit managed to procure work worth $2 million for the month of April. That will further strengthen the company’s performance in the second quarter.

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ALPP stock has gained 48% since yesterday. Moreover, the stock is up by a whopping 14,400% from its 52-week low of $0.034

Alex Krakowsky

Editor in Chief.Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life

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