Brief: Lakestar Spac I Enters Into Non-Binding Letter Of Intent With Hometogo

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04/06/2021 09:40

June 4 (Reuters) - LAKESTAR SPAC I SE  LRS1.DE :
    * ENTERED INTO A NON-BINDING LETTER OF INTENT WITH HOMETOGO
    * INTENDS TO ACQUIRE OR ASSUME 100% OF OUTSTANDING EQUITY
AND
EQUITY EQUIVALENTS OF HOMETOGO
    * LETTER OF INTENT INCLUDES AGREEMENT TO SEEK A PIPE
TRANSACTION
IN TO BE AGREED UPON AMOUNT THAT CO AND HOMETOGO INTEND TO
CONSUMMATE IN PARALLEL TO ENVISAGED BUSINESS COMBINATION

Source text for Eikon:  ID:nEQ6zXb2la 
Further company coverage:  LRS1.DE 

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