17th Jun 2024 19:05
Golden Rock Global PLC - Hong Kong-based special purpose acquisition company - Updates on progress in respect of its proposed acquisition of 2Mee Ltd, which will be classified as a reverse take over. Explains significant progress has been made in completing the public and supporting documents required for the deal. As a result, hopes to be in position to announce the RTO over the coming months. Consideration to be paid will be less than previously indicated with the implied pre-money valuation for the enlarged group seen in the range of GBP3.8 million to GBP4.2 million.
Current stock price: 2.81 pence
12-month change: up 25%
By Jeremy Cutler, Alliance News reporter
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