Recruiter.com Engages Bowen, Inc.
Recruiter.com Group, Inc. (NASDAQ:RCRT, RCRTW) announced on May 16, 2022, its engagement with Bowen, Inc. as a financial advisor through an 8-K filing. Bowen, a growth technology-focused investment bank, will provide strategic advisory services to support Recruiter.com's growth initiatives and evaluate options for a potential sale or spin-off of its business. The company has not committed to any specific transaction and will only disclose information once evaluations are complete.
- Engagement with Bowen, a reputable growth tech investment bank, for strategic advisory.
- Potential evaluation of a merger or spin-off could create shareholder value.
- No assurance of any strategic transaction occurring.
- Market uncertainty regarding the timing and terms of potential transactions.
NEW YORK, NY / ACCESSWIRE / May 17, 2022 / Recruiter.com Group, Inc. (NASDAQ:RCRT) (NASDAQ:RCRTW) ("Recruiter.com"), a recruiting solutions platform, announced through an 8-K on May 16, 2022 that it has engaged Bowen, Inc. ("Bowen"), a growth technology focused investment bank, as a financial advisor.
Bowen is a growth tech investment bank with an entrepreneurial edge. The firm partners with growth tech companies to drive value creation within the innovation economy. Bowen provides M&A advisory, private capital and principal investment services.
In their role as a financial advisor, Bowen will aim to provide strategic advisory and investment banking services supporting the company's ongoing growth initiatives and to evaluate a sale of all or a portion of the Company's business through a merger or spin-off transaction.
Recruiter.com does not intend to disclose developments with respect to its evaluation of strategic options unless and until the evaluation of all proposals and alternatives has been completed and the company has entered into a definitive transaction. There can be no assurances that the company will enter into any strategic transaction, or as to the timing or terms of any such transaction.
About Recruiter.com Group, Inc.
Recruiter.com is an on-demand recruiting platform providing flexible talent acquisition solutions that scale from startups to the Fortune 100. With an on-tap network of thousands of recruiting professionals, advanced artificial intelligence sourcing software, and recruitment marketing automation, Recruiter.com helps businesses solve today's complex hiring challenges.
For investor information, visit https://investors.recruiter.com
Please follow social media channels for additional updates:
- LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/
- LinkedIn Company Page: https://www.linkedin.com/company/1240434
- Twitter Company Page: https://twitter.com/recruiterdotcom
- Facebook Company Page: https://www.facebook.com/RecruiterDotCom
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "predict," "forecast," "believe," "may," "estimate," "continue," "anticipates," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2021. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statements publicly, whether as a result of new information, future developments, or otherwise, except as may be required by law.
Company Contact:
Nicole Gallina
Corporate Communications
investors@recruiter.com
SOURCE: Recruiter.com Group, Inc.
View source version on accesswire.com:
https://www.accesswire.com/701773/Recruitercom-Engages-Bowen-Inc
FAQ
What was announced by Recruiter.com on May 16, 2022?
What is Bowen, Inc. known for?
What does the engagement of Bowen mean for Recruiter.com shareholders?
Will Recruiter.com disclose details about the strategic options evaluation?
