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.
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
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