Logiq (LGIQ) Acquires Privately Held Operating Company
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Logiq Signs LOI to Acquire Privately Held Operating Company
November 17, 2022 6:30 AM ESTAs contemplated:
The preliminary confidential target valuation is between $225M and $300M. The transaction would be executed simultaneously with Logiqs pending Abri de-SPAC deal whereby the confidential target acquisition would become a wholly owned subsidiary of Logiq.Properly structured, post-transaction the combined entity is expected to apply for Nasdaq or NYSE up-listing and complete a significant capital raiseNEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (the... More
