LDB Capital Corp. to Acquire Eventer Technologies in Share Exchange Deal

Reuters
2025/11/25
LDB Capital Corp. to Acquire Eventer Technologies in Share Exchange Deal

LDB Capital Corp. has entered into a letter of intent with Eventer Technologies Ltd. and XYLO Technologies Ltd., the majority shareholder of Eventer, for a proposed share exchange transaction. The parties anticipate finalizing a definitive agreement by January 9, 2026, with the transaction expected to close no later than March 27, 2026. The completion of the deal remains subject to various conditions, including regulatory and court approvals, delivery of audited financial statements by Eventer, and meeting minimum working capital and net cash requirements at closing. As part of the arrangement, LDB will provide a secured bridge loan of up to C$250,000 to Eventer for working capital needs prior to closing, subject to exchange approval and mutually agreed documentation. No additional financing arrangements are anticipated in connection with this transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LDB Capital Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 275722) on November 24, 2025, and is solely responsible for the information contained therein.

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