Know Labs (KNW) Stock Jumps Again Monday On Bitcoin-Backed Acquisition Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2025
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Source: Benzinga
Stock Surge: Know Labs Inc shares rose 104.2% to $3.19 following the announcement of a controlling stake acquisition by Goldeneye 1995 LLC, led by Greg Kidd, which will be financed with Bitcoin and cash.
Leadership Changes: Greg Kidd will become CEO and chairman post-acquisition, while founder Ron Erickson will transition to vice chairman, focusing on non-invasive diagnostics; the deal is expected to close in Q3 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
