Victory Marine Holdings Signs LOI with Orion SV for Italian-Designed LSV Golf Carts
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Victory Marine Holdings Group, Inc. has signed a Letter of Intent with Orion SV for a reverse takeover, allowing Orion SV to go public in the U.S. This move aims to revolutionize the low-speed vehicle market with Italian-designed, U.S.-built luxury electric golf carts.
March 18, 2025 | 2:15 pm
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Victory Marine Holdings has signed an LOI with Orion SV for a reverse takeover, which could enhance its market position by entering the luxury electric golf cart market.
The LOI with Orion SV for a reverse takeover indicates a strategic move by Victory Marine Holdings to diversify and strengthen its market presence in the luxury electric vehicle sector. This could positively impact its stock price as it opens new revenue streams.
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