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POWERHANDZ Inc. Announces Cash Tender Offers and Capital Funding from Vanguard

FRISCO, TX, USA, July 28, 2022 /EINPresswire.com/ — PH Innovation Holdings, Inc, PHI a global sports and fitness product tech platform and operator of the POWERHANDZ Inc. brand and line of products and technology, today announced that it has received a multimillion-dollar capital injection from Vanguard Holdings Group, a global private trust in a broad spectrum of industries including sports and real estate. In addition to the capital injection, Vanguard is launching a private tender offer to purchase all of the issued and outstanding shares from the minority shareholders in PHI providing liquidity to the longstanding stockholders of POWERHANDZ and PHI. Financial details of the private tender offer were not disclosed.

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