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Announced

NextPlat to acquire Outfitter Satellite.

Synopsis

NextPlat, a global e-Commerce provider, agreed to acquire Outfitter Satellite, a provider of advanced satellite-based connectivity solutions. Financial terms were not disclosed. "Outfitter is an ideal addition to our technology e-commerce portfolio, delivering immediate synergies and value, quickly and profitably adding scale to our North American operations. Through acquisitions such as Outfitter and the introduction of new technology and healthcare e-commerce offerings expected later this year, we are executing against our growth plan by expanding our business in the United States and in other large markets around the world," Charles M. Fernandez, NextPlat Executive Chairman and CEO.

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