Hudson Capital Acquires Freight App (Fr8App)
February 15, 2022
Hudson Capital Inc. (NASDAQ: HUSN) has acquired 100% of Freight App, Inc. (Fr8App), making Fr8App a wholly owned subsidiary and adopting Fr8App's U.S. headquarters in Houston, Texas. Hudson installed Fr8App leadership as its new executives and board members and said it plans to simplify capital structure and pursue growth opportunities including additional technology development and complementary acquisitions.
- Buyers
- Hudson Capital Inc. (NASDAQ: HUSN)
- Targets
- Freight App, Inc. (Fr8App)
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Transaction Type
- Buyout
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