Brief: Environmental Solutions Group Holdings Limited Announces Agreement To Combine With Genesis Unicorn Capital

OIO

30/11/2022 21:37

Nov 30 (Reuters) - Genesis Unicorn Capital Corp
 GENQ.O :
    * ENVIRONMENTAL SOLUTIONS GROUP HOLDINGS LIMITED, PIONEER IN
SUSTAINABLE CIRCULAR ECONOMY SOLUTIONS, ANNOUNCES SIGNING OF
DEFINITIVE AGREEMENT TO COMBINE WITH GENESIS UNICORN CAPITAL
CORP
    * COMBINATION VALUES COMBINED CO, TO BE RENAMED ESGL
HOLDINGS
LIMITED, AT AN IMPLIED PRO FORMA ENTERPRISE VALUE OF $161.25
MILLION
    * COMBINED COMPANY WILL BE NAMED ESGL HOLDINGS LIMITED AND
WILL
APPLY FOR LISTING ON NASDAQ UNDER TICKER ESGL
    * ESG'S CEO AND CHAIRMAN, LENG CHUANG QUEK, AND EXISTING ESG
MANAGEMENT TEAM TO LEAD COMBINED COMPANY

Source text for Eikon:  ID:nGNXc7wy3k 
Further company coverage:  GENQ.O 
 ((Reuters.Briefs@thomsonreuters.com))