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GivBux (OTCPK:GBUX), a publicly traded Super App and charitable giving platform, announced intended sale of a 30% equity stake in the company for $212M.
The transaction is designed to be completed through a non-dilutive structure to protect and enhance long-term shareholder value.
As part of the transaction, $212M will be invested into an income-oriented strategy managed by an experienced, real estate focused private credit asset manager.
The cash flow will provide funding to support the overall expansion of the company and its Super App platform.
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