Youlife International and Distoken Acquisition Corporation announce strategic merger

Youlife International and Distoken Acquisition Corporation announce strategic merger

Youlife International Holdings Inc. (“Youlife”), a leading service platform for blue-collar workers in China, and Distoken Acquisition Corporation (Nasdaq: DIST), a special purpose acquisition company, have entered into a definitive business combination agreement. This strategic move will merge both companies with newly-formed subsidiaries under Youlife Group Inc., a Cayman Islands exempted company (“Pubco”), set to […]

AERKOMM and IX Acquisition Corp announce merger and fundraising effort

AERKOMM and IX Acquisition Corp announce merger and fundraising effort

In an ambitious move to enhance the landscape of satellite broadband connectivity, AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM) and IX Acquisition Corp (Nasdaq: IXAQU, “IXAQ”) have solidified their commitment through a definitive Business Combination Agreement (BCA). This collaboration, announced on March 22, 2024, aims to form a new entity named AKOM Inc. (“AKOM”), transitioning AERKOMM’s […]

Nobul AI to merge with Check-Cap to form leading North American AI-driven fintech company

Nobul AI to merge with Check-Cap to form leading North American AI-driven fintech company

In a landmark move for the technology and financial sectors, Nobul AI Corp. (“Nobul”) and Check-Cap Ltd. (“Check-Cap” or the “Company”) (NASDAQ: CHEK) today announced a definitive Business Combination Agreement. This strategic merger marks a significant step towards creating a North American powerhouse in the AI-driven fintech marketplace. The shareholders of Nobul will emerge as […]

IM Cannabis and Kadimastem announce reverse merger deal

IM Cannabis and Kadimastem announce reverse merger deal

IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC), known for its significant strides in the medical cannabis sector, has announced a business combination with Kadimastem Ltd, an Israeli clinical cell therapy company. This strategic reverse merger, detailed in a non-binding term sheet and subsequent Loan Agreement, signals a pivotal shift in IM Cannabis Corp’s business direction, […]