Recruiter.com Scoops Up Uncubed's Technology Solutions Business For Undisclosed Sum

Recruiter.com Group, Inc RCRT has acquired the Technology Solutions Division of Uncubed, a recruiting technology company for undisclosed financial terms.
The transaction was successfully closed on July 7, 202. Recruiter.com paid for the acquisition with restricted common stock, cash, and a promissory note.
The acquisition includes Uncubed's Finalist, an online marketplace for sourcing and screening diverse early-professional software and data candidates.
Additionally, Recruiter.com would add Uncubed's job board technology and candidate engagement platform, which includes Mediabistro.
The company believes the acquisition will be a tremendous growth driver to expand their on-demand recruiting solutions.
Price Action: RCRT shares trading higher by 1.57% at $5.18 on the last check Monday.