Metal Sky Star Acquisition Corporation Announces LOI with Fedilco Group Limited
Metal Sky Star Acquisition Corporation (MSSA)
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Metal Sky Star Acquisition Corporation, a Cayman Islands exempted company (NASDAQ: MSSA) (“Metal Sky Star” or the “Company”), announced today that it has entered into a letter of intent (the “LOI”) with Fedilco Group Limited, a Cyprus-based company (“Fedilco”) holding an 80% equity interest in Viva Armenia Closed Joint-Stock Company, an Armenia-based telecom company (“Viva”). Pursuant to the LOI, Metal Sky Star expresses interest in acquiring all the issued and outstanding shares of Fedilco. The parties will seek necessary permissions and/or approvals from the Republic of Armenia’s state authorities for the proposed transaction. Viva stands out as the sole telecom company in Armenia included in the country’s Top 10 taxpayers list, underscoring its economic impact and significant contributions to national development. Viva currently has over 2.3 million unique subscribers (2,327,684) and holds a 61% share by active subscribers and 58.1
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MSSA
News
- Metal Sky Star Acquisition Company Announces LOI with Fedilco Group LimitedGlobeNewswire
- Metal Sky Star Acquisition Corporation entered into a non-binding letter of intent to acquire Okidoki OÜ.GlobeNewswire
- Metal Sky Star Acquisition Corporation Announces Receipt of Additional Determination from Nasdaq Regarding Delayed Filing and Public Holders DeficienciesGlobeNewswire
MSSA
Sec Filings
- 11/6/24 - Form SC
- 11/4/24 - Form 8-K
- 10/22/24 - Form DEF
- MSSA's page on the SEC website