QM Racing Inc., a 100% owned subsidiary of Quad M Solutions, Inc., signs definitive agreement to purchase 100 percent of REV Technologies.
Garland, TX, July 19, 2023 (GLOBE NEWSWIRE) — QM Racing, Inc. (QM Racing), a subsidiary of Quad M Solutions, Inc., (OTC: MMMM) which was established for the purpose of expanding the company’s potential revenue stream and to increase its shareholder value, is pleased to announce the signing of a definitive agreement to acquire 100 percent of REV Technologies, Inc. This strategic acquisition results in QM Racing owning, manufacturing, and marketing the highly anticipated Riley Streetfighter, an electric vehicle developed by Riley Technologies (Riley), a renowned automotive design, engineering, manufacturing, and race team operations company. Riley Technologies designed, operated, and built cars that have won the 24 Hours of Daytona over 20 times in addition to countless other motorsport races throughout the world.