Brief: Galaxyedge Acquisition Corporation Signs Letter Of Intent To Acquire Rongcheng Group Limited
March 18 (Reuters) - GalaxyEdge Acquisition Corp GLED_u.N: GALAXYEDGE ACQUISITION CORPORATION SIGNS LETTER OF INTENT TO ACQUIRE RONGCHENG GROUP LIMITED GALAXYEDGE ACQUISITION CORP - TO BUY 100% OF RONGCHENG VIA SHARE-FOR-SHARE EXCHANGE GALAXYEDGE ACQUISITION CORP - EXCHANGE RATIO ONE GALAXYEDGE SHARE PER RONGCHENG SHARE, IMPLYING 35 MILLION SHARES AT $10.00 EACH Source text: ID:nGNX90q0Yh Further company coverage: [GLED_u.N] ((Reuters.Briefs@thomsonreuters.com;))