Blackford Capital to Acquire Moro Corporation for $34.2 Million

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MORO CORP

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Blackford Capital, Inc. will acquire Moro Corporation in an all-cash deal valued at approximately $34.2 million, or about $5.59 per share. Of the total purchase price, around $3.3 million (approximately $0.55 per share) will be subject to escrow and holdback provisions. The boards of directors of both companies and Moro Corporation stockholders holding the requisite majority of shares have approved the transaction, which is expected to close promptly. Upon completion, Moro Corporation's shares will be suspended from quotation on the OTC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moro Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1121837) on December 29, 2025, and is solely responsible for the information contained therein.