2023-03-28 07:09:23 ET
- National Asset Recovery ( OTCPK:REPO ) has entered into a letter of intent with GreetEat LLC pursuant to which the parties will effect a merger or other form of business combination that will result in GreetEat LLC becoming a wholly owned subsidiary of the Company
- The terms of the MOU anticipate the parties will enter into a definitive agreement after a 60-day due diligence period is completed.
- Greeteat LLC is a technology company that provides a service which combines video conferencing and food/drink delivery.
- Completion of the Transaction is subject to a number of conditions and the fulfilment of all applicable regulatory requirements and conditions.
- Source: Press Release
For further details see:
National Asset Recovery signs MoU to merge with Greeteat LLC