- PARTS iD ( NYSE: ID ) said Tuesday it is evaluating potential strategic alternatives to maximize shareholder value.
- The firm is considering options that may include financing alternatives, merger, reverse merger, other business combinations, sale of assets, licensing, or other deals.
- There can be no assurance that the strategic review will result in any deal.
- PARTS iD ( ID ) has not set a timetable for the process.
- Earlier, PARTS iD ( ID ) reported weaker-than-expected Q3 results .
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PARTS iD announces strategic review to maximize shareholder value