SYDNEY: Home security provider Scout Security Ltd (ASX: SCT) has signed a Non-Binding Letter of Intent (LOI) outlining the terms for its potential acquisition of home security technology company Roo Inc as a merger of equals. Roo Inc is the holding company for Kangaroo, a New York-based DIY home security technology company. Like Scout, Kangaroo…
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Drone Delivery Canada and Volatus Aerospace Corp. announce merger of equals
TORONTO: Drone Delivery Canada Corp. and Volatus Aerospace Corp. have announced a definitive business combination agreement, marking a significant merger of equals. The new entity will operate under the name Volatus Aerospace Corp. and is set to continue trading on the TSX Venture Exchange under the ticker “FLT”, pending regulatory approval. The merger, unanimously approved…