FingerMotion To Acquire Newbit For $2.3 Mln In Cash, Securing 9.9 MW Alberta Site

FingerMotion entered a definitive agreement to acquire Newbit Technology for $2.3 million in cash. The transaction secures rights and infrastructure related to a 9.9 MW behind-the-meter site, expanding FingerMotion's potential infrastructure and technology capabilities. The deal is strategically positive but relatively small in financial scale.