Brief: Stratim Cloud Acquisition Announces Binding Letter Of Intent For Business Combination With Force Pressure Control
14/02/2023 22:56
Feb 14 (Reuters) - Stratim Cloud Acquisition Corp
SCAQ.O :
* STRATIM CLOUD ACQUISITION CORP. IDENTIFIES TARGET,
ANNOUNCES
BINDING LETTER OF INTENT FOR A BUSINESS COMBINATION WITH FORCE
PRESSURE CONTROL, LLC
* STRATIM CLOUD ACQUISITION CORP - PARTIES HAVE AGREED TO
MUTUAL
EXCLUSIVITY UNTIL MARCH 14, 2023
* STRATIM CLOUD ACQUISITION CORP - UNDER TERMS OF LOI, SCAC
WOULD
ACQUIRE 100% OF EQUITY INTERESTS OF FORCE FROM ITS EXISTING
EQUITY HOLDERS
* STRATIM CLOUD ACQUISITION CORP - SIGNED BINDING
LETTER-OF-INTENT
FOR A BUSINESS COMBINATION WITH FORCE PRESSURE CONTROL, LLC
* STRATIM CLOUD ACQUISITION CORP - PARTIES HAVE AGREED TO
MUTUAL
EXCLUSIVITY UNTIL MARCH 14, 2023
* STRATIM CLOUD ACQUISITION CORP -TO ANNOUNCE ADDITIONAL
DETAILS
REGARDING PROPOSED BUSINESS COMBINATION ON EXECUTION OF
DEFINITIVE PURCHASE AGREEMENT
Source text for Eikon: ID:nGNX4KvZC1
Further company coverage: SCAQ.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Stratim Cloud Acquisition
See all newsBrief: Stratim Cloud Acquisition Corp-As A Result Of Termination Of Purchase Deal, Co Will Not Be Able To Consummate Initial Business Combination By Sept 16
Brief: Stratim Cloud Acquisition Says On June 27, Co Got Letter From Force Purporting To Terminate Purchase Agreement And Related Ancillary Agreements
Brief: Stratim Cloud Acquisition Announces Binding Letter Of Intent For Business Combination With Force Pressure Control