Matica Fintec Signs Binding Agreement With Unit For Reverse Takeover Transaction
ReutersJun 5, 2025 5:18 AM
June 5 (Reuters) - Matica Fintec SpA MFTC.MI:
SAID ON WEDNESDAY IT HAS SIGNED BINDING AGREEMENT WITH MATICA TECHNOLOGIES GROUP FOR REVERSE TAKEOVER TRANSACTION
TRANSACTION INVOLVES TRANSFER TO MATICA FINTEC OF MATICA TECHNOLOGIES GROUP'S HOLDINGS IN SHARE CAPITAL OF MATICA CORP. AND 54.55% OF DIGITAL IDENTITY SOLUTIONS KOREA SHARE CAPITAL
ADDITIONAL FACTORY IN SOUTH CAROLINA AND IN SOUTH KOREA WILL BE IMPLEMENTED, ALLOWING COMPANY TO ENTER U.S. MARKET
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