Motomova Acquires Skillr, Inc.

July 1, 2024

Motomova, Inc. (OTC: MTMV) has completed the acquisition of Skillr, Inc., a venture-backed mobile application and SaaS developer headquartered in New York. The deal expands Motomova's software-as-a-service product suite as its CEO assumes leadership of Skillr; consideration included common stock, warrants, and pre-funded warrants.

Buyers
Motomova, Inc.
Targets
Skillr, Inc.
Sellers
Skillr's shareholders, Cassel Shapiro
Industry
Cloud & SaaS
Location
New York, United States
Transaction Type
Buyout

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