Brief: Matica Fintec Signs Binding Agreement With Unit For Reverse Takeover Transaction

Matica Fintec SpA

05/06/2025 06:18

June 5 (Reuters) - Matica Fintec SpA MFTC.MI:

SAID ON WEDNESDAY IT HAS SIGNED BINDING AGREEMENT WITH MATICA TECHNOLOGIES GROUP FOR REVERSE TAKEOVER TRANSACTION

TRANSACTION INVOLVES TRANSFER TO MATICA FINTEC OF MATICA TECHNOLOGIES GROUP'S HOLDINGS IN SHARE CAPITAL OF MATICA CORP. AND 54.55% OF DIGITAL IDENTITY SOLUTIONS KOREA SHARE CAPITAL

ADDITIONAL FACTORY IN SOUTH CAROLINA AND IN SOUTH KOREA WILL BE IMPLEMENTED, ALLOWING COMPANY TO ENTER U.S. MARKET

 Further company coverage: MFTC.MI

 (Gdansk Newsroom)

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