HENDERSON, Nev., July 22, 2019 /PRNewswire/ -- Grow Capital, Inc (OTCPK:GRWC) (GRWC) today filed an 8-k with the securities and exchange commission reporting the issuance of "Consideration Shares" of unregistered restricted shares of the Company's common stock as part of the purchase of Bombshell Technologies. This issuance gets the company closer to full ownership of the software company.
In June, GRWC announced a stock exchange agreement to acquire Bombshell Technologies. Today's news follows certain customary closing conditions and shows progress on the deal.
"We're on track with our anticipated closing of this very soon," said CEO Jonathan Bonnette. "I'm thrilled our teams are working well on all due diligence efforts and our schedule is on track."
"The board is happy with our progress," said chairman of GRWC James Olson. "Bombshell Technologies is a perfect fit for our niche."
Bombshell Technologies provides software to several massive financial services organizations and leads the way on innovative industry-specific solutions for sales teams and management.
Learn more about Bombshell Technologies suite of products here: www.bombshelltechnologies.com
About Grow Capital Inc: Grow Capital, Inc is a publicly traded company listed under the symbol GRWC. Formally Grow Condos, we have announced new leadership, rebranded, relocated our headquarters and have expanded into acquiring and developing the best professional technology and financial services companies.
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SOURCE Grow Capital Inc