Abri SPAC I Inc

NASDAQ:ASPA   2:35:07 PM EDT
10.01
-0.01 (-0.10%)
Mergers / Acquisitions

DLQ Announces Plans To List On Nasdaq Via Merger With ABRI SPAC I

Published: 09/09/2022 13:26 GMT
Abri SPAC I Inc (ASPA) - Dlq Announces Plans to List on Nasdaq Via Merger With Abri Spac I.
Logiq Inc - Dlq, Inc. Will Be Surviving Entity and Upon Closing, Will Change Its Name to Datalogiq, Inc.logiq Inc - Dlq, Inc. Senior Management Will Remain With Merged Company.
Logiq Inc - Dlq, Inc. Awholly Owned Subsidiary of Logiq, Inc., Will Merge Into Abri Merger Sub, Inc., a Wholly Owned Subsidiary of Abri Spac I.
Logiq Inc - Dlq, Inc. Unot of Logiq Inc Will Merge Into Abri Merger Sub, Inc., a Wholly Owned Subsidiary of Abri Spac I, Inc. Nasdaq-listed Company.
Logiq Inc - Abri Will Issue 11.4 Million Shares in Exchange for Dlq Shares.
at $10 per Abri Share, Valuation of Dlq is $114 Million.
Logiq Inc - Upon Closing of Acquisition, Dlq Will Change Its Name to "datalogiq, Inc.".
Logiq Inc - All Cash Remaining in Abri's Trust Account Immediately After Closing of Deal Will Be Available to Surviving Entity for Working Capital.