FilingReader Intelligence

Unbanked to acquire Cloudbank in fintech expansion

July 16, 2025 at 12:05 PM UTCBy FilingReader AI

Unbanked Corporation will acquire affiliate Cloudbank K.K. through a stock delivery transaction effective August 8, 2025.

The company will issue 1,310,639 new common shares, allocating 23,404.26 shares for each Cloudbank share. The acquisition aims to integrate Cloudbank's fintech expertise and diversify Unbanked's portfolio.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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