GNTA surges in premarket on completion of full A.T.C. acquisition
GNTA surges 33% in premarket on completion of full A.T.C. acquisition
- Genenta closed acquisition of remaining 80.5% of A.T.C. S.r.l. on May 29, 2026 before Italian notary.
- €9.6M purchase settled via issuance of 24.6M new shares at €0.39 each to sellers.
- Deal gives Genenta 100% ownership of profitable defense/tech firm with €4M projected 2026 revenue and >€2M EBITDA.
- Advances transformation into Saentra Forge, industrial consolidator targeting defense, aerospace, national security.
- Sellers subject to 36-month lock-up on shares, with price protection options but no governance rights.
- Builds on January 2026 strategic pivot; recent 15% gain on May 29 close shows building momentum.
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