Dec 1 (Reuters) - Ovanti:
OVANTI US INC. HAS EXECUTED A LETTER OF INTENT WITH MILUNA ACQUISITION CORP
PROPOSED BUSINESS COMBINATION RESULTING IN OVANTI US BECOMING A STANDALONE NASDAQ-LISTED COMPANY
PROPOSED TRANSACTION VALUES OVANTI US AT A PRE-MONEY EQUITY VALUATION OF US$300 MILLION
Further company coverage: MMTXU.O
((Reuters.Briefs@thomsonreuters.com;))