GrowHub Shares Pop After EnChem Filing, Investors Weigh Dilution
GrowHub Ltd shares jumped in Monday morning trading on Nasdaq, after the Singapore-based traceability tech firm said it signed a binding term sheet to hand control of the listed shell to EnChem America, which makes battery-electrolyte materials. Shares last traded at $2.23, climbing about 541% from the last close at $0.3478, after hitting $2.95 earlier on volume of roughly 88.5 million shares.
