Shares of ikeGPS Group jump as much as 5.7% to NZ$0.740, posting their biggest intraday gain since May 4.
Platform technology co acquired assets of the Marne & Associates National Electrical Safety Code training business.
The acquisition is expected to be accretive immediately, although not materially relative to IKE’s revenue profile.
IKE stock down 20.5% YTD, as of last close.
IkeGPS Group is a platform technology company.