Mobly’s Tok&Stok Deal: Capital Boost and First-Ever Debenture Offering

Mobly (MBLY3) has taken a significant step in its acquisition of Tok&Stok. The company’s board of directors approved a capital increase of up to R$ 230.6 million ($41.2 million) on Thursday. The furniture retailer plans to issue between 13.6 million and 56.2 million new shares. Each share will be priced at R$ 4.08, which is […]