Clean Energy Special Situations Announces Signing Of Non-Binding LOI For A Business Combination With A Leading B2B iGaming Technology Platform Company; Expects To Announce Additional Details Regarding The Proposed Business Combination When A Definitive Merger Agreement Is Executed, Which Is Expected By Early Q3 2024
Portfolio Pulse from Benzinga Newsdesk
Clean Energy Special Situations Corp. (SWSS), a SPAC, has signed a non-binding LOI for a business combination with a leading B2B iGaming technology platform company. The definitive merger agreement is expected by early Q3 2024. The Target company focuses on providing technology solutions to B2C iGaming operators and has recorded significant revenue growth.
June 07, 2024 | 8:02 pm
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Clean Energy Special Situations Corp. (SWSS) has signed a non-binding LOI for a business combination with a leading B2B iGaming technology platform company. The definitive merger agreement is expected by early Q3 2024. This could lead to significant growth opportunities for SWSS.
The signing of a non-binding LOI indicates a potential significant business combination that could drive growth for SWSS. The expected definitive merger agreement by early Q3 2024 adds a timeline for investors to watch.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100