Brief: Fenix 360 Pte Ltd. To Go Public Through Merger With Duet Acquisition Corp. To Create A Global Social Media Platform
28/11/2023 23:21
Nov 28 (Reuters) - DUET Acquisition Corp DUET.O :
* FENIX 360 PTE LTD. TO GO PUBLIC THROUGH MERGER WITH DUET
ACQUISITION CORP. TO CREATE A GLOBAL SOCIAL MEDIA PLATFORM
* DUET ACQUISITION CORP- TRANSACTION VALUES FENIX360 AT A
$610
MILLION ENTERPRISE VALUE
* DUET ACQUISITION CORP - TRANSACTION HAS BEEN UNANIMOUSLY
APPROVED BY BOARDS OF DIRECTORS OF FENIX360 AND DUET
* DUET ACQUISITION CORP- FENIX360 TO LIST IN NASDAQ POST
DEAL
Source text for Eikon: ID:nGNX51b2X
Further company coverage: DUET.O
((Reuters.Briefs@thomsonreuters.com;))
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