LONDON: Fintech Asia (LON:FINA) has announced the publication of a prospectus for its proposed acquisition of ICFG Pte. Ltd. The acquisition follows a heads of terms agreement made on March 14, 2023. Upon completion, Fintech Asia will acquire all shares of ICFG and hold the entire issued share capital of the target company. The acquisition…
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Verditek to sell solar business to bondholders and become a cash shell
LONDON, UK: Verditek plc, a clean technology company, has announced that it will sell its solar business to a new company formed by its bondholders for £528,340 in notes and £50,000 in cash. The deal is subject to due diligence, shareholder approval, and completion by 29 February 2024. The solar business includes Verditek Solar Italy,…
Pineapple Power proposes reverse takeover of BVP
LONDON, UK: Pineapple Power Corporation has entered into a non-binding heads of terms to acquire 100% of the outstanding shares in BVP Investments Limited, a news release said. BVP Investments was founded in 2004 by Managing Director, Elliott Griffin. It is a fund manager regulated by the Central Bank of Ireland. BVP focusses on companies…
Britannia agrees to go public via reverse takeover of Rise Life Science
TORONTO: Britannia Bud Canada Holdings Inc. and RISE Life Science Corp. and 2830026 Ontario Inc., a wholly-owned subsidiary of RISE, have entered into a business combination agreement pertaining to the reverse takeover of RISE. Britannia Bud Canada Holdings will constitute a “fundamental change” of RISE pursuant to the policies of the Canadian Securities Exchange. Peter…