Welcome to our dedicated page for SMALL BUSINESS DEV GRP news (Ticker: SBDG), a resource for investors and traders seeking the latest updates and insights on SMALL BUSINESS DEV GRP stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SMALL BUSINESS DEV GRP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SMALL BUSINESS DEV GRP's position in the market.
Small Business Development Group, Inc. (OTC: SBDG) announced the formation of a new division, SBDG M&A Advisory Services, aimed at acquiring six firms in metropolitan areas to expand its client base and office locations. The company acquired Stony Hill Advisors to enhance its M&A strategy and plans to use AI-driven platforms. SBDG's goal is to become the largest M&A advisory firm in the U.S. To fund this initiative, the company will conduct a Regulation D Rule 506(c) private placement for Series B preferred stock to raise at least $25 million, minimizing dilution for common shareholders.
Small Business Development Group, Inc. (OTC: SBDG) has announced its acquisition of Ubun2Group, Inc., a company specializing in AI and cloud-based solutions for various businesses. This marks SBDG's third acquisition under its Soft Leverage Buy-Out Model, focusing on building a holding company dedicated to shareholder value. Ubun2Group aims to enhance existing services to SBDG's clients and support the development of an AI-driven M&A platform. SBDG's CEO emphasizes a commitment to sound business practices and aims for a significant market presence.
Small Business Development Group (OTC: SBDG) announced its acquisition of Ubun2Group, an enterprise software solutions company specializing in AI and cloud technology. This acquisition, the third under SBDG's Soft Leverage Buy-Out Model, aims to enhance shareholder value through innovation in M&A solutions. Ubun2Group’s client roster includes notable firms like Kaiser Permanente and General Motors, showcasing its market presence. SBDG's CEO highlighted their commitment to establishing sound business fundamentals and delivering additional value to stakeholders.
Palayan Resources, Inc. is finalizing due diligence on a Global FinTech acquisition in the money transfer sector, facilitated by Small Business Development Group, Inc. (SBDG). The acquisition, valued at $80 million, aims to leverage the target's extensive network and technology to potentially generate over $1 billion in transaction volume. The transaction is expected to close in Q2 2022, contingent on raising $15 to $25 million through a Regulation D offering. SBDG plays a critical role in this process as a strategic advisor and due diligence leader.
Small Business Development Group, Inc. (OTC: SBDG) announced an exclusive advisory agreement with The Carlton Group, Ltd. for the capitalization of $303 million to build nitrile glove manufacturing facilities in Texas. This initiative aims to produce medical-grade nitrile gloves and nitrile butadiene rubber (NBR), addressing critical supply shortages in the U.S. The facilities will consist of 16 production lines capable of generating nearly 5 billion gloves annually and 120,000 metric tons of NBR. This move is anticipated to enhance U.S. manufacturing and ensure reliable glove supply during public health emergencies.
Small Business Development Group (OTC:SBDG) announced the launch of a new software platform by its portfolio company, Appraisal 3000. This California-based real estate appraisal management company aims to expand its operations into North and South Carolina, Texas, Arizona, Nevada, and Florida. Appraisal 3000 has shown consistent revenue growth, with 2020 revenues exceeding $600,000 and 2021 revenues at $800,000. The new platform integrates CRM and reporting capabilities, assisting in their national expansion strategy. SBDG plans to support Appraisal 3000's growth through resources and technology.
Small Business Development Group (OTC: SBDG) provided a shareholder letter summarizing 2021 activities. The company is focused on establishing a holding company and obtaining Current Information Pink status on OTC. Key acquisitions include an 80% stake in Stony Hill Advisors and Appraisal 3000, with a combined valuation of $760,000. Plans to manufacture nitrile medical gloves show potential with a project value of $106 million equity and $197 million debt. SBDG aims to launch a $10 million residential acquisition fund and expand operations in Southeast Asia, striving for transparency and growth in 2022.
Small Business Development Group (OTC:SBDG) will assist Palayan Resources, Inc. (OTC: PLYN) in acquiring a Global FinTech company in the money transfer sector. This move follows a signed Memorandum of Understanding and is subject to due diligence, including financial audits. SBDG CEO Roy Y. Salisbury noted the involvement of C2C Business Strategies as a strategic advisor, linking both companies. SBDG aims to provide advisory services in 2022 to enhance revenue and opportunities for shareholder value.
Small Business Development Group (OTC: SBDG) announced plans to construct two manufacturing plants in Texas, expected to produce 4.5 billion nitrile gloves and 120,000 metric tons of nitrile butadiene rubber (NBR) annually. This project aims to reduce U.S. dependency on foreign glove supplies and enhance domestic production capabilities. Along with creating about 500 jobs, the initiative is anticipated to be EBITDA positive in its first year. SBDG's strategic vertical integration will enable better control over supply chains and production standards.
Small Business Development Group, Inc. (OTC:SBDG) has announced a Definitive Agreement to acquire Edge Innovations, a manufacturer of licensed sports products. This acquisition aims to leverage SBDG's resources to enhance Edge's product creation, online presence, and marketing strategies. Edge Innovations, known for its patented products in the sports memorabilia sector, plans a significant expansion in 2022, including collaborations with major brands for Super Bowl merchandise. SBDG's strategy focuses on driving revenue growth and exploring additional acquisitions.
FAQ
What is the current stock price of SMALL BUSINESS DEV GRP (SBDG)?