Announced
Financials
Tags
Single Bidder
Merger
metaverse
Pending
Acquisition
De-SPAC
Private
United States
Digital Services
Majority
Friendly
Reverse Takeover
Domestic
Synopsis
EON Reality, a developer of augmented reality and virtual reality software, agreed to go public via a SPAC merger with Arogo Capital Acquisition in a $655m deal. “Virtual and augmented reality and knowledge metaverse are among the biggest opportunities right now with immense growth potentials ahead. Amidst all the excitements and rush to enter this space, EON Reality stands out distinctly and firmly on strong foundations built over the many years with a clear purpose of making knowledge available, accessible and affordable for every person on the planet, and we are extremely delighted to be announcing this business combination to deliver lasting, positive impact,” Suradech Taweesaengsakulthai, Arogo CEO and Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.