Kinduct Buyer Goes Public Via SPAC
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Nevada-based Movella, which makes motion-tracking technology and bought Halifax’s Kinduct in 2020, has gone public on the Nasdaq stock exchange via a reverse acquisition.
Movella, at the time called mCube, bought Kinduct and its health data technology for an undisclosed price. Kinduct CEO Travis McDonough told Entrevestor at the time the deal was worth more than the $70 million sale of GoInstant