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Stock impact report

GRILLiT to Rebrand as Primior Holdings Following $30M Merger [Yahoo! Finance]

GRILLIT INC (GRLT) 
Company Research Source: Yahoo! Finance
Irvine, CA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Irvine, CA – Primior Holdings (GRLT) (formerly GRILLiT Inc.) is pleased to announce the successful completion of its $30 million merger with Primior Inc., a leading real estate development and advisory firm. As part of this strategic realignment, GRILLiT will rebrand as Primior Holdings Inc., signaling its shift toward a broader focus on real estate investment, emerging technologies, and diversified holdings. GRILLiT to rebrand as Primior Holdings The merger brings Primior Inc.'s extensive real estate expertise to Primior Holdings Inc. (formerly GRILLiT Inc.), positioning the company to accelerate growth in key sectors. With a proven track record in developing over $3 billion in properties, Primior's integration will provide the foundation for enhanced value creation and long-term shareholder returns. Johnney Zhang, CEO and Founder of Primior Inc. commented, “This merger marks a pivotal moment for Primior. By joining forces with GRI Show less Read more
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