Evergreen Corporation and Forekast Limited Announce Definitive Business Combination Agreement
Evergreen Corporation - Unit (EVGRU)
Company Research
Source: GlobeNewswire
Forekast connects today’s business needs to tomorrow’s technology. Forekast continues to innovate, offering flexible and scalable solutions tailored to meet the evolving needs of clients across multiple industries. NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Evergreen Corporation (NASDAQ: EVGR), a special purpose acquisition company (“EVGR”), today announced that they have entered into a definitive agreement and plan of merger (the “Business Combination Agreement”) under which EVGR will merge with Forekast Limited (“Forekast”). Following the closing, the combined company will operate as Forekast Group (“PubCo”). Forekast is a technology managed services provider specializing in augmented intelligence, integrating AI-driven insights to enhance business operations, customer experiences, and workforce capabilities. Forekast has a proven consistent track record with strong double digit growth in revenue and profits, with a CAGR of more than 20% over the last 5 years.
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