Metal Sky Star Acquisition Corporation entered into a non-binding letter of intent to acquire Okidoki OÜ.
Metal Sky Star Acquisition Corporation (MSSA)
Company Research
Source: GlobeNewswire
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Metal Sky Star Acquisition Corporation (the “Company”) today announced that it has entered into a non-binding letter of intent (“LOI”) for a business combination with Okidoki OÜ (“Okidoki”). Founded in 2007, Okidoki has become one of Estonia's largest and most popular general classifieds platform. Serving as a trusted marketplace for both individuals and businesses, the platform boasts over 800,000 registered users, including more than 2,000 business accounts. As a vital marketplace for the Estonian community, Okidoki is poised for expansion into new countries. Under the terms of the LOI, the Company and Okidoki would become a combined entity. Okidoki’s existing equity holders would roll 100% of their equity into the combined public company, based on a total equity value of $120 million for Okidoki. The Company expects to announce additional details regarding the proposed business combination when a definitive agreement is executed, which
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MSSA
Sec Filings
- 11/14/24 - Form 8-K
- 11/6/24 - Form SC
- 11/4/24 - Form 8-K
- MSSA's page on the SEC website