Sadot Group Inc. is trading at $12.50 (44.2%) up in after-hours trading, staging a sharp recovery following a significant decline during the regular session.
- This rebound follows a week of extreme volatility, potentially influenced by the company's recent June 12 option agreement to acquire a $125.5 million Los Angeles housing portfolio.
- The deal involves an equity value of $69.5 million and an option fee paid in common stock, resulting in 17.71% dilution of outstanding shares.