TRKA bounce back of the decade?

[UNSUBSCRIBE]( With everything going on in the world right now, the markets are unstable... TRKA has taken a beating today but it announced some AMAZING NEWS! Could an INSANE BOUNCE be coming? NASDAQ: TRKA (TROIKA MEDIA GROUP) Troika Media Group to Acquire Converge Direct LLC, a Leading Digital and Offline Performance Media and Marketing Company, for $125 Million Financial Highlights: Converge Direct, LLC and its affiliated businesses (collectively, “Converge”) generated approximately $300 million of revenue and $23 million of adjusted EBITDA for the year ended December 31, 2021. Estimated combined adjusted EBITDA over $27 million for CY 2022. Significantly accretive to adjusted earnings per share. Following the closing, it is anticipated that the majority of the combined business’ revenue will be recurring. Increased margins per customer relationship without a significant increase in operating costs with positive client outcomes arising from deeper client engagements. Consolidated cost synergies of more than $2 million expected in the first year after closing. Cantor Fitzgerald & Co. is serving as sole debt placement agent to Troika Media Group, Inc. in connection with the transaction. Troika has a commitment with respect to the majority of the purchase price in the form a senior secured credit facility. Strategic Highlights: The acquisition of Converge (the “Acquisition”) creates a global end-to-end branding, marketing, digital advertising, experiential, analytics-as-service (SAS) and SaaS technology company with an extraordinary base of major clients. The Acquisition adds proprietary “HELIX” business intelligence platform, thereby providing an edge for clients to maximize their consumer interactions and customer acquisition. The Acquisition significantly accelerates Troika’s business model transformation strategy and positions the Company for future growth and margin expansion. Post Acquisition service and sector footprint provides broader downstream recurring revenue base resulting from minimal client overlap. Troika Media Group, Inc. (Nasdaq:TRKA) ("TMG" or "Company"), a brand consultancy and marketing innovations company that provides integrated branding and marketing solutions for global brands, today announced that it has signed a definitive purchase agreement (the “Purchase Agreement”) to acquire Converge Direct LLC and its affiliates (collectively, “Converge”), a leading independent marketing and customer acquisition business for $125 million (collectively, the “Acquisition”). The Acquisition has been unanimously approved by the Boards of Directors and the majority of shareholders of both Troika and Converge. The transaction is expected to close on or before March 15th, subject to the satisfaction of customary closing conditions. Since its formation in 2006, Converge and its affiliates have grown to approximately $300 million in annualized revenue and $23 million in adjusted EBITDA for the year ending December 31, 2021. Converge is a leading independent performance marketing and managed services business. Converge provides to customer acquisition services utilizing a broad range of engagement channels in the digital, offline and emerging media sectors. Converge utilizes a business intelligence centric approach to its media strategy, planning and buying to deliver its clients’ customer acquisition targets and KPIs to achieve scale, efficiency and/or on time lead fulfillment. Converge’s proprietary solutions and HELIX’s business intelligent software offers clients best-in-class customer acquisition metrics. Converge’s 85 full time employees are expected to join Troika upon the closing of the acquisition and the combined company will have approximately 200 full time employees. 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