Zagg (ZAGG -6%) says its Hong Kong investment firm, Horizons Ventures, has taken a $3M stake in...

|About: ZAGG Inc (ZAGG)|By:, SA News Editor

Zagg (ZAGG -6%) says its Hong Kong investment firm, Horizons Ventures, has taken a $3M stake in its Utah-based spinoff, HzO, as part of a preferred equity investment in its WaterBlock technology. Horizons Ventures is controlled by controlled by Hong Kong mega-investor Li Ka-shing.