Waitr Holdings Inc WTRH:NASDAQ

Last Price$0.19NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/25/22

Today's Change+0.01(6.26%)
Bid (Size)$0.17 (1)
Ask (Size)$0.21 (62)
Day Low / High$0.18 - 0.20
Volume1.6 M

Waitr Signs Letter of Intent to Acquire Retail Innovation Labs for $90 Million

8:54AM ET 12/17/2021 MT Newswires
Waitr Holdings (WTRH) said Friday it has signed a letter of intent to acquire Retail Innovation Labs, a provider of compliance software to cannabis dispensary retailers, for $90 million in cash and stocks.

The on-demand food ordering company said there can be no assurance the letter of intent will result in a definitive agreement.

Waitr's shares were more than 8% lower in recent premarket activity Friday.

Price: 0.8, Change: -0.08, Percent Change: -8.68