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King Resources to acquire $23.4 million collectibles via stock at $0.23

King Resources will acquire 23 collectible items for $23,399,165 under a purchase agreement. Consideration will be settled in common stock at $0.23 per share, with Heavenly Grace as buyer and Herbertini as seller.

KRFG

King Resources entered into a Purchase Agreement to acquire 23 collectible items for $23,399,165.

The consideration will be settled in the company's common stock at $0.23 per share, with subsidiary Heavenly Grace as the buyer and Herbertini as the seller.

The transaction adds high-value collectible…